iSolar and Sense Bank are launching a financing program for energy efficiency projects for businesses
iSolar and Sense Bank have announced the launch of a partnership program to finance energy efficiency projects for small and medium-sized businesses.
Thanks to the new program, entrepreneurs can obtain a loan to build their own solar power plant, purchase energy storage systems and other energy equipment, and finance construction and installation work carried out by the iSolar team.
The loan term is up to 60 months, and the customer can receive a preliminary financing decision within 24 hours.
Loan Terms:
- “Affordable Loans at 5–7–9%” in the national currency: an annual interest rate of 5.5% for microbusinesses (instead of 7%) or 7.5% for medium-sized businesses (instead of 9%) for the first 12 months, or no fees for granting and managing the loan.
- A loan for the purchase of fixed assets or a business line of credit: 12% per annum for the first 12 months, and 13.5% thereafter.
For iSolar, this partnership is another step toward making energy independence solutions more accessible to Ukrainian businesses.
“For Ukrainian businesses, the issue of energy independence is directly linked to their ability to operate and grow steadily. We are pleased to launch a partnership with Sense Bank, as this will enable more companies to implement projects in the field of alternative energy and gain access to modern solutions under favorable financing terms. Today, it is important for businesses not only to respond to challenges but also to invest in their own resilience, and we are pleased to help with this together with our partners,” said Oksana Komarnytska, Chief Operating Officer of iSolar.
Today, investments in solar energy and energy storage systems allow businesses not only to protect themselves from risks associated with grid instability, but also to significantly reduce electricity costs and increase their competitiveness.
For more information about the affiliate program, please call 0 800 507 044 or visit the bank’s official website.
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