Greenshine New Energy, a solar lighting company, is partnering with Balboa Capital to offer financing solutions to help clients pay for solar lighting projects. Balboa Capital is a direct lender known for offering financing options to small businesses.
Property owners and managers can now use Balboa Capital to apply for solar lighting and solar equipment financing. Any parties interested in solar lighting installations will now have access to the competitive interest rates, predictable monthly payments and convenient term lengths for which Balboa is known.
“In these times, we know that our customers are strapped for cash, but they still have the need to maintain a safe, usable environment for the people in their community,” said Scott Douglas, President of Greenshine New Energy. “This could mean a well-lit playground for kids to play in during the early evening hours, a brighter pathway for nighttime exercise, or any area that needs the enhanced security that extra illumination provides.”
Greenshine felt it was necessary to give their customer base the option of using credit to complete their projects. They not only offer financing on solar lighting materials, but also on the installation construction costs, meaning the project’s complete cost can be paid off over time. This option will increase access to solar lighting and help preserve capital and credit lines, benefitting not only the consumers involved but also the greater economy and total carbon emissions.
“We spent several months searching for a reputable lender that understands our customer and project needs,” said Douglas. “We at Greenshine are excited to roll this financing option out and believe it will give equal access to all communities and customers to maintain a safe and secure environment.”
Greenshine New Energy is a solar lighting technology leader specializing in developing and manufacturing customized solar outdoor LED lighting systems for a wide range of lighting applications. Its solar LED light systems are installed in over 5,000 locations worldwide, and they provide solutions for commercial, residential and industrial projects.