Wunder Capital and UpSolar America announced a partnership to bring flexible-term equipment financing to UpSolar customers.
The program will provide purchasers of UpSolar products the option to finance their order with short-term, equipment-backed, interest-only loans. Wunder can provide secured financing for qualified projects within five days.
“We are excited to be able to offer our customers with an equipment financing option that is quick and flexiblem,” said Stephane Dufrenne, president of Upsolar America. “This offer allows our customers to get more projects done without having to worry about juggling credit limits and balance sheets.”
The equipment-backed loans allow for a more project-specific review lens and are available for commercial projects with procurement financing need of up to $250,000. With flexible terms from three to 12 months, the loans have payback terms and extension options in the event of unexpected shipping or project delays.
“We are looking forward to helping Upsolar customers get more projects done, faster,” said Bryan Birsic, CEO of Wunder Capital. “Construction and equipment finance has been used on larger projects for years, we are making those same benefits accessible to smaller projects with a more efficient and cost effective process.”
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