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Financing - Canna Solaris

Financing

Take your pick Increase your equipment investment goals with Canna Solaris notwithstanding if you have a tax appetite and prefer a cash deal or you want to leverage a $0 down power purchase scenario. We will direct you to the choices available to you and suggest the best fit for your organization.

Solar Finance Options to Meet Your Needs Assisting you in making the correct decision about project financing is one of the ways we help you increase your investment. 280E is a large obstacle and the conventional banking system won’t work with cannabis-related business. Nevertheless, financial opportunities are available for growers who have concrete financials, are structured, legal, and show they pay their bills on time.

Capital Lease

If you want to decrease your long term energy costs without much upfront cash outlay, then we provide solar leasing solutions personalized to your company’s particular financial objectives. A capital lease is the most common approach. This is a $0 upfront cash outlay, 7-year term with a $1 buyout. You possess the toll and can leverage the incentives. (Tax Credits, Depreciation, etc.)

Operating Lease

This method is the least cost of ownership when getting solar for your growth. It’s nearly similar to the capital lease, 7-year term, $1 buyout however you are leaving all the incentives. In certain cases, this is ideal for an organization that is designed in such a way that it cannot leverage incentives. You may want to use this method depending on your condition.

Cash Purchase

For companies wanting to have a solar system, a cash purchase has a great return on investment and enables the business to benefit from the Federal Investment Tax Credit (ITC). This is the simplest method for growers that have cash in hand and cannot or do not want to secure any financing.

Contact us today to know more about our financing options for your solar investment.

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