Sol Systems is proud to announce a strategic alliance with Seminole Financial Services, a leading construction debt provider. This alliance will streamline and standardize the way developers obtain construction financing. The alliance will simultaneously help Seminole streamline their loan application process and allow developers to obtain debt and equity project financing more efficiently. In addition to Seminole, Sol Systems works with other national leaders to increase the success rate and tempo for financing renewable energy projects being developed in the United States through our financing arm, SolMarket.
“One gap in the financing stack has been readily available construction debt for distributed generation,” said Yuri Horwitz, CEO of Sol Systems. “Seminole fills that void, providing developers with much needed financial solutions. The Seminole team is one we trust, and we think they bring a tremendous value-add to the industry.”
Developers may now submit applications for Seminole’s construction financing by entering their project information on SolMarket. They may also choose to store their project information and use it to market their projects to SolMarket investors who have $2.5 billion in debt and equity financing.
About Sol Systems
Sol Systems is a solar finance firm and a leader in financial innovation in the renewable energy industry. Since its inception in 2008, Sol Systems has partnered with 350 solar installers and developers to bring over 3,000 projects from conception to completion by offering innovative financing solutions for residential, commercial, and utility-scale projects.
Sol Systems’ solar financing programs catalyze investments for a broad set of projects by simplifying their origination, diligence, and financing processes. Developers seeking financing for projects can access over $2.5 billion in capital through the Sol Systems investor network.