Solar power is the green energy wave of the future, offering businesses and consumers clean, affordable energy while protecting our environment and reducing greenhouse gases. Thanks to advances in technology, solar panels can now be installed at an affordable price, one unthinkable just a decade or so ago.
This has led to a rush of companies entering the solar energy field, eager to service a growing market. However, while many of these new companies are experts at installing and maintaining solar systems, they may not be aware of the complexities related to financing them — or of the critical importance of protecting their assets against the risk of a borrower becoming financially distressed.
CT Lien Solutions, the industry leader in assisting solar companies with their UCC search and filling needs, has issued a new white paper entitled “Understanding Risk Mitigation in Solar Lending and Servicing.” The paper explains in clear, concise terms the proper steps required to mitigate the risks involved with solar lending and servicing.
In this free report, solar companies will learn the meaning of protecting and perfecting financial interests, the basics of the Uniform Commercial Code (UCC), the different types of UCC filings and amendments, and the value of having a knowledgeable expert by your side to help you safely navigate the process.
For example, do you know the five key “trigger events” that could impact a borrower’s standing and thus place your assets in jeopardy?
Can you differentiate between the various types of UCC filings and amendments, and understand which ones would best protect you should a trigger event occur?
Do you know how long a UCC filing’s effectiveness lasts? Does it need to be updated? If so, when?
If you don’t know, or are unsure of the answers to these questions, then you need to read this informative piece.
CT Lien Solutions has just completed a successful exhibition at the renowned Solar Power International (SPI) convention in Las Vegas, where we helped several companies understand the importance of protecting their assets while leasing or financing solar equipment. Whether you were at the show or not, this important white paper can give you valuable insight on how the UCC process works and why you need to ensure your assets are secured through each and every step.
Best of all, this key report is yours simply for the asking.
To receive your copy of CT Lien Solutions’ new white paper, “Understanding Risk Mitigation in Solar Lending and Servicing,” by sending an email to our Solar Specialist Suzie Neff. Click here to Email Suzie Neff for your complimentary copy of the White Paper.