Equipment Leases Inc., based in Utah, announced a massive increase in funding resources for any renewable energy project in the United States. The increased financial help from EQL and its lending partners equates to nearly $1 billion in new capital earmarked exclusively for quality renewable energy projects.

“We have already committed millions to solar-related projects and have an appetite for much more. This increased funding commitment showcases our concern for the environment and willingness to support innovative new projects with the financing for needed equipment,” said CEO Steven Hansen.

The company has capital available for a wide variety of projects in the renewable energy category as well as the energy savings category, financing high-efficiency boilers, hydrogen fuel cells, energy management systems, complete biogas systems, and more

Equipment Leases Inc. has an extensive network of lending partners capable of financing small $10,000 transactions up to large $50 million complex projects.