What rate, term and equity contribution are available?

There are no universal terms for every business. Obtain a current offer from the selected bank specifying amount, term, rate type, fees and equity contribution. Check it against the borrower, equipment and financing programme.

Can a business borrow without collateral?

This depends on the product and application assessment. Clarify guarantees, insurance and other requirements as well as collateral. No additional collateral does not necessarily mean that the loan has no security at all.

Will solar savings cover the monthly repayments?

Test this month by month using consumption, forecast generation, electricity costs, servicing costs and the loan schedule. A business reserve may be needed in winter or before commissioning. An annual payback figure alone is insufficient.

Who owns equipment purchased with a loan?

Purchase and supply documents determine when ownership transfers. The credit agreement may impose security and restrictions over the assets. Ownership from day one and included insurance should not be treated as universal terms.

Can a support programme or compensation be included?

Only after checking current rules for the specific business, project and bank. Confirm funding availability, required evidence and circumstances in which support can end. Household programmes do not establish a company's eligibility.

Where can I get help with documents and the application?

Visit the solar loan application support service for the required inputs, package preparation and coordination of requests. ONG Solar helps with project materials; the bank determines the credit decision and review time.

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Financing

Solar loans for business

A loan can finance an agreed share of a solar installation's cost, with repayment under a bank contract. Choosing an offer requires current written terms, a project budget and an assessment of the company's ability to repay. ONG Solar helps align the PV project with financing. The bank determines the rate, security, term and credit decision for the individual application.

Discuss your project All options

Amount and equity: Identify the budget share covered by borrowing and the costs the company funds itself.
Financing cost: Include interest, fees and mandatory related costs specified in the offer.
Payments across the year: Compare repayment dates with business cash flow and seasonal electricity savings.
Bank decision: We help prepare project inputs. Approval and disbursement depend on the lender.

How to assess bank financing for solar

Six terms to check

Compare offers for the same equipment scope, budget and term. Record the calculation date and offer validity so that terms from different programmes are not combined.

Eligible project costs: Check whether equipment, installation, design and taxes are covered. The equity contribution and costs outside the loan need their own source of funds.
Interest and all charges: Record whether interest is fixed or variable, how it is reset, and which fees are upfront or recurring. Add valuation, insurance and security documentation costs where required.
Schedule and first payment: Check disbursement and repayment dates, interest during any principal deferral, and the final outstanding balance. A smaller initial payment alone does not establish a lower total cost.
Security and equipment: Clarify collateral, guarantees, insurance requirements and restrictions on the equipment. Check when ownership transfers against the supply contract and other transaction documents.
Conditions before disbursement: Check supplier payment arrangements, evidence of the equity contribution and documents needed at each stage. A preliminary decision does not mean all disbursement conditions have been met.
Changes during the term: Establish the rules for early repayment, schedule changes and construction delays. Refinancing, support or compensation requires separate confirmation before it can be included in the budget.

When a loan fits the company's needs

This is an initial assessment checklist, not a universal set of bank requirements. Borrower eligibility, documents and programme availability require separate confirmation.

A defined budget: The PV specification, estimate, payment stages and equity funds are identified. Equipment changes should be reflected in both the technical proposal and the application.
Documented business information: The company can supply the financial and registration materials requested by the bank. Existing loans and other obligations are assessed alongside the new payment.
A prepared site: The installation location, rights to use the roof or land, and technical prerequisites are understood. Unresolved site issues can change the budget and delivery schedule.
A reserve for weaker months: Cash flow must cover payments when generation is lower or commissioning is delayed. Annual savings do not establish that sufficient cash is available in every month.
Alternatives compared: Compare borrowing with equity funding and leasing for the same project scope. For energy service models, separately check the contract's subject, payment basis and each party's responsibilities.

From a PV budget to a financing decision

This sequence helps assess an offer before commitments are made. Review time and disbursement arrangements depend on the bank, completeness of the documents and transaction terms.

Define the project: Establish consumption, an indicative system specification, budget and available equity funds.
Obtain terms: Request a current company-specific offer covering amount, term, interest, payments and security.
Compare costs: Compare total payments and monthly cash requirements, including PV servicing and a cash reserve.
Prepare the application: Agree the required project materials and documents. Application support is available through the separate service linked below.
Check the contracts: After the bank's decision, reconcile the agreed estimate, supply schedule and disbursement conditions. The company decides whether to sign.

Assess financing for your solar project

Leave your contact details, indicative budget and site information. We will agree the initial inputs and next step for assessing finance.

Application-specific terms
Total cost
Repayment review

Benefits

Six terms to check

Compare offers for the same equipment scope, budget and term. Record the calculation date and offer validity so that terms from different programmes are not combined.

Eligible project costs

Check whether equipment, installation, design and taxes are covered. The equity contribution and costs outside the loan need their own source of funds.

Interest and all charges

Record whether interest is fixed or variable, how it is reset, and which fees are upfront or recurring. Add valuation, insurance and security documentation costs where required.

Schedule and first payment

Check disbursement and repayment dates, interest during any principal deferral, and the final outstanding balance. A smaller initial payment alone does not establish a lower total cost.

Security and equipment

Clarify collateral, guarantees, insurance requirements and restrictions on the equipment. Check when ownership transfers against the supply contract and other transaction documents.

Conditions before disbursement

Check supplier payment arrangements, evidence of the equity contribution and documents needed at each stage. A preliminary decision does not mean all disbursement conditions have been met.

Changes during the term

Establish the rules for early repayment, schedule changes and construction delays. Refinancing, support or compensation requires separate confirmation before it can be included in the budget.

Requirements

When a loan fits the company's needs

This is an initial assessment checklist, not a universal set of bank requirements. Borrower eligibility, documents and programme availability require separate confirmation.

A defined budget

The PV specification, estimate, payment stages and equity funds are identified. Equipment changes should be reflected in both the technical proposal and the application.

Documented business information

The company can supply the financial and registration materials requested by the bank. Existing loans and other obligations are assessed alongside the new payment.

A prepared site

The installation location, rights to use the roof or land, and technical prerequisites are understood. Unresolved site issues can change the budget and delivery schedule.

A reserve for weaker months

Cash flow must cover payments when generation is lower or commissioning is delayed. Annual savings do not establish that sufficient cash is available in every month.

Alternatives compared

Compare borrowing with equity funding and leasing for the same project scope. For energy service models, separately check the contract's subject, payment basis and each party's responsibilities.

Process

From a PV budget to a financing decision

This sequence helps assess an offer before commitments are made. Review time and disbursement arrangements depend on the bank, completeness of the documents and transaction terms.