Self Funded Financing

For Energy Saving Upgrades!

Energy Project Financing Made Easy

Through Hi-Lite Electric, Inc. US Energy Capital provides 100% project financing for energy-saving upgrades that can reduce energy costs up to 40% or more! Their special financing allows you to become Energy Efficient Now!

Financing includes equipment costs and all soft costs such as: installation, programming and engineering. We know that you don’t want to create a drain on your cash flow or tie up your bank credit lines to fund your energy savings improvements.

Self-Funding Energy Upgrades

The monthly project costs can be paid from the savings on your monthly power bills, so the project is “Self-Funding”. In addition, Utility and State incentives or rebates can be financed and returned to your cash flows.

• Loans for $10,000 to $10,000,000
• Terms from 2 – 6 years – Longer terms for Municipal Financing
• Fixed rates and payments for easy budgeting
• Lines of Credit to fund multiple projects over a 6 month period
• Payment schedules to meet your specific needs – seasonal, quarterly or “Hi-Low”
• Additional equipment can be financed along with your energy project for needed improvements to your facilities

The advantages of using Self Funded Financing through us, instead of your bank credit line, are listed below.

Convenience

• Less paper-work - easy 1 page credit application
• Quick credit decisions – usually within 24 to 72 hours depending on size and financial requirements
• Simple “Application Only” process for credit decisions up to $75K
• Straight forward credit policy without Restrictive Covenants
• No minimum balances
• No debt to equity or cash flow ratios
• No blanket UCCs or “here after acquired” clauses

Simple Loan Structure

• 100% financing includes soft costs, such as installation
• Rates & Payments are fixed for the term – to make Budgeting easy
• Longer loan terms available - 60 months, and in some cases up to 72 months
• Flexible payment options to meet your needs, i.e. seasonal, hi-low or graduated payment
• Lower payments allow you to buy more advanced or higher quality equipment.

Intelligent Use of Credit

• Don’t tie up your hard to establish credit lines that could be better used for future development, expansion, high yield investment opportunities, working capital or inventory.
• Establish a “line of credit” as a source of capital for ongoing energy upgrade projects and other equipment acquisitions.
• We can often finance energy incentives or rebates, providing you with additional cash!

Call us today at (919) 467-5554 and we will show you a detailed self funded plan, so you can start your retrofit project right away!