Noesis Energy announced Ascentium Capital joined its syndicate of efficiency lenders that use Noesis to connect with more than 100 energy-efficiency companies that collectively propose over $1 billion in projects annually.
Ascentium Capital, a national commercial lender, is ranked as the fifth-largest private-independent finance company by volume in the U.S. according to the 2013 Monitor100.
Ascentium’s proprietary credit underwriting platform, combined with Noesis’ technical project underwriting, will deliver quick, competitive finance quotes to Noesis’ project developers.
“We’re excited to work with Noesis and offer flexible financing to their national network,” said Pat Kistler, SVP of Sales at Ascentium Capital. “Energy efficiency investments represent a substantial opportunity to generate a positive cash flow for building owners. Our affordable financing, combined with energy-saving equipment, can drive a fast and substantial return on investment.”
Ascentium’s financing will be presented as part of Noesis’ Efficiency Finance Finder, which lets project developers include financing on proposals to building owners. The quote system is a key capability of Noesis’ marketplace, which connects project developers with the best financing resources.
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