Solar Financing for Your New Solar Tracker

Financing your solar installationLittle to no down payment, and solar financing rates as low as 4.99%

Through our unique partnership with Mascoma Bank, Solaflect offers customized solar financing for solar Tracker customers. This provides favorable terms tailored to the timing and impact of the 30% Federal income tax credit.

Lenders in New England increasingly recognize that borrowers who invest in solar energy actually improve their financial stability by reducing monthly expenses. As a result, several banks and credit unions are incenting borrowers with discounted interest rates for solar-related loans.

Why finance your solar installation through Mascoma Bank?

  • Online application, solar financing is approved in days not weeks.
  • The most favorable lending terms for customers purchasing renewable energy.
  • The most experienced solar lenders in solar loans.
  • Easy process and flexible to accommodate unique borrower circumstances.
  • Unique loans tailored to solar and the Federal income tax credit to keep monthly payments low.

How does a solar loan work?

  • Unsecured (not tied to home equity), up to $60,000 for A+ or A credit.
  • Down payment flexible (zero down payment possible) to meet borrower’s needs.
  • Loans as low as 4.99% interest rate.
  • Use Federal income tax credit funds to reduce loan principal and the loan automatically re-amortizes at no cost.

What are the next steps?

  • Contact us, and we’ll help you with the necessary steps.
  • Federal income tax credit, or any other funds, may be applied to the loan principal at any time with no penalty, and either institution will re-amortize the loan at no cost.
  • No penalty for early loan prepayment.