New financing program from OpTerra Energy Services was recently highlighted by Utility Post. From the article:
OpTerra Energy Services Launches Finance Offering
New Finance Program OpTerraADVANTAGE to Help Facilitate Energy Conservation and Sustainability Projects
OpTerra Energy Services today announced the availability of OpTerraADVANTAGE, a financing solution designed to serve a variety of businesses and organizations in the commercial, industrial, and institutional space. The program enables customers to navigate around common financial hurdles that they may face during the implementation of energy efficiency initiatives, most notably: strict ROI requirements, budget constraints, and CapEx limitations. The end result is to help businesses increase cash flow, save money, and enhance operational performance by directly utilizing energy savings to fund their sustainability projects and cover up-front costs.
The new product will provide financing to commercial, industrial, and institutional facilities of any size. OpTerraADVANTAGE customers will benefit from lower monthly payments, increased savings, and reduced risk by accessing the full value of all available utility incentives to offset their total project cost. By helping organizations manage cash flow connected to the design, build, and operation of their efficiency projects, the program will allow facility owners and managers to exceed OpEx reduction goals while improving their bottom line and preserving vital financial resources. Financing terms extend up to seven years and will cover up to 100% of total project cost.
Said Sean Fuller, Vice President of Sales & Marketing at OpTerra’s Commercial and Industrial Division:
“The new OpTerraADVANTAGE finance offering will provide significant long-term benefits for organizations across the country that are seeking turnkey energy conservation solutions. By using this program to finance projects that are directly tied to energy savings through facility optimization and efficiency, our clients will achieve a faster path to growth and profitability while promoting sustainability.”
Read the full article at Utility Post.