Whether your project is in kWs or MWs, Solarity will help you finance the purchase of photovoltaics materials for your projects. You may choose from several options based on the size of the project, the timing of payments and your financial situation. We work with our financial partners to provide our customers with the best possible funding opportunities. Do not hesitate to contact us for further information.
If you have smaller projects and you need a fast, convenient financing solution for recurrent transactions, we recommend using the following solutions by factoring in:
To apply for Solarity financing, several formal procedures are required. Let us briefly present these procedures to you.
a) you formally accept that the receivables of Solarity from your orders using financing (due dates) become receivables of Erste Group and
b) relevant payments for your orders must be directed to the bank accounts of Erste Group instead of ours (identification of such accounts is part of the Announcement Letter).
Once you receive our final invoice for your order, please inform us and confirm the existence of the invoice (acceptance) to Erste Group within 2 business days after their request.
If you have a larger commercial project, you do not prefer factoring, or factoring is not suitable for you, we accept Letters of Credit as a method of payment.
We are experienced in documentary payments and we accept Irrevocable Letters of Credit, with the preference of Transferable Irrevocable Letter of Credit. We only ask you to cover our fees related to using Letter of Credit which is below 2% of the transaction amount.