Welcome to our page on loans for businesses, in particular the Loan for Photovoltaics and Net-Metering/Net-Billing.
At ProCredit Bank, we recognize the importance of using sustainable energy sources for businesses and offer special financing programs that support the implementation of photovoltaic projects with Net-Metering/Net-Billing system. Let's explore the benefits and details of these loans.
The benefits of the Loan for Photovoltaics and Net-Metering/Net-Billing:
Photovoltaic systems combined with Net-Metering/Net-Billing are critical to the transition to sustainable energy practices. By using these systems, businesses can not only reduce their energy costs but also help protect the environment.
Loan for Photovoltaics and Net-Metering/Net-Billing from ProCredit Bank:
Our loans are designed to meet the needs of businesses wishing to install photovoltaic systems with Net-Metering/Net-Billing. We offer competitive terms and favorable interest rates, ensuring financial efficiency in your projects.
Loan approval conditions
ProCredit Bank offers dedicated financing for photovoltaic plants (PV plants) for own use of electricity with the following conditions:
- Borrowers can be legal entities, sole proprietors, freelancers and registered agricultural producers.
- Loan term up to 7 years.
- Grace period up to 3 months.
- Loan amount up to EUR 1 million.
- Up to 100% financing of the investment.
- Floating interest rate 1.50% + 6-month EURIBOR + Law 128/75 levy (min 3.95%)
- Loan fees according to the bank`s price list for legal entities
- Engineering, Procurement and Construction (EPC) company of choice by the client.
- The project must fulfill the criteria of 100% electricity consumption for own needs via Net-Metering process or fulfill the Net-Billing criteria. If your installations are exclusively for sale of electricity without own consumption, please contact us for more details on the financing terms.
Note: ProCredit Bank is monitoring the situation with the allegations of forced labour of Uyghurs in the Xinjiang region of China. For this reason, we have currently restricted the work with certain PV panel manufacturers and this will be discussed with you during your investment review.
To apply for a loan for photovoltaic installation for Net-Metering/Net-Billing:
- Please contact us at +30 2316008840 or complete our contact form and we will call you back.
- Discuss the financing you would like to receive with our trained Business Client Advisers.
You are also interested in:
Discover the Green Investment Loan, which supports the efforts of the small businesses in developing an environmentally friendly and socially responsible business.
Discover the Ecomobility loan, the loan that will help you get the electric car of your dreams.
Discover the loan for electric vehicle charging stations, a loan that offers financing for the purchase of an electric car charging station.
1. What is the application process?
The application process is simple. Contact ProCredit Bank to guide you through the steps.
2. What is the duration of the installation of the photovoltaic system?
The installation duration depends on the size of the project. Find out the estimated timelines during the application process.
3. What are the benefits of Net-Metering/Net-Billing?
Net-Metering allows businesses to conserve energy and to use the Grid for indirect storage of unutilized electricity, which is stored for a period of 3 years. Net-Billing on the other hand, allows businesses to cover a significant part of their own consumption, while at the same time giving them the possibility to sell any excess electricity to the Grid.
4. What is the amount of the loan I can receive?
The amount of the loan depends on the needs and capabilities of the project. Contact us for an individual assessment.
5. What is the length of the loan repayment period?
The repayment period depends on the specific loan agreement. Find out about the payment options when you apply.
6. Can I choose different energy sources for my project?
Yes, our loans cover projects that use a variety of energy sources, including photovoltaic, wind, and other renewable sources.
7. Are there environmental sustainability criteria for projects?
Yes, we encourage projects with high environmental sustainability standards and offer special programs for such projects.
8. How is the interest rate chosen?
The interest rate is determined based on many factors, including the type of loan and your financial situation.
9. What happens if there are problems during project implementation?
If problems arise during implementation, contact us directly to consider alternatives and adjustments.
10. Can I combine the loan with grants or other aid?
Yes, we can often work with subsidy agencies and combine our loans with aid to reduce your financial burden.
