Does it cost me or my customer anything?
No. The readiness check is free, there's no fee to you for referring, and your customer isn't charged for the referral. We're paid a commission by the lender when a loan settles, and we disclose it.
How is the referral share worked out?
It is a share of the commission we earn, paid on settlement, so we are only paid when you are, and only when the deal actually completes. We agree the terms with you in writing before your first settlement rather than burying them in fine print.
Do I need to sign an agreement first?
Not to send us a job. Send one and see how we handle it. We'll put a simple referral agreement in place before anything settles, so the commission arrangement and your customer's privacy are properly documented.
Will you go around me and deal with my customer directly?
No. We arrange finance; we don't sell or install systems, so we're not a competitor. The job stays yours, and we keep you in the loop at each stage rather than working around you.
What if my customer leases their premises?
Still fundable, but the structure changes. Because rooftop solar becomes a fixture, a standard equipment loan is the weakest option there; a rental payment plan, a PPA or a business loan usually fits better. Landlord consent is generally needed, and if the landlord is willing to take the project on themselves, an Environmental Upgrade Agreement may suit them, since that one is entered into by the building owner rather than the tenant. Tell us the remaining lease term and we'll steer it.
How quickly will I hear back?
Usually the same business day for an initial read on whether the job is fundable and how we'd structure it. Formal lender approval depends on the lender and how complete the customer's financials are.
What size jobs do you take?
Commercial and industrial projects, typically $50,000 to $5 million. We are set up to work smaller jobs profitably too, the sort that traditional brokers decline because the commission does not cover their hours.