Welcome!

News Feed Item

Centrosolar America Launches Solar Operating Lease Program

Company Partners With LFC Capital to Offer a Low-Cost Operating Lease for Commercial Projects

SCOTTSDALE, AZ -- (Marketwired) -- 05/13/14 -- Centrosolar America, in collaboration with LFC Capital, Inc. is pleased to announce that a special low-cost solar operating lease is now available for businesses in all of the 50 states. The lease is particularly appealing to businesses that desire solar, but cannot directly benefit from the federal energy investment tax credit (ITC). The product, featuring attractive purchase options as well as tax efficiency, is designed to make businesses' acquisition of solar affordable.

LFC Capital will provide solar leases directly to qualified businesses for solar PV and thermal systems in amounts ranging from $100,000 to $5,000,000. These solar leases are available nationwide through Centrosolar America's network of more than 725 solar installers in 43 states.

"The Centrosolar America and LFC Capital's solar lease is an innovative offering because customers benefit to a greater extent than from other solar leases typically found in the marketplace. For instance, utility rebates and government incentive payments can be paid to the customer or contractor for the benefit of the customer, solar renewable energy certificates (SRECs) are for the customer, and the monetized value of ITC and depreciation is shared with the customer in the form of lower lease payments," according to Ram Akella, Managing Director Centrosolar America Inc.

"I am delighted that our traditional operating lease, which we have been providing for more than 20 years to hospitals acquiring expensive medical equipment, is now available to businesses acquiring cost-saving solar systems," said Martin E. Zimmerman, Founder and CEO of LFC Capital, Inc.

Stanley Fishbein, Managing Director of LFC Capital, Inc. and board member of the New York Solar Energy Society added, "Centrosolar America is on the cutting edge of making it easy and cost-effective for businesses to 'go solar.' We share Centrosolar America's client focus, and are pleased that our collaboration will help their clients take advantage of renewable energy initiatives."

About Centrosolar America

Established in 2008, Centrosolar America Inc. is a virtual manufacturer and specialty solar photovoltaic distribution company with headquarters in Scottsdale, AZ. The company serves as a platform of products and services that enables its installer customers to grow their business. It differentiates itself by providing a full range of turnkey products and services for its installer partners. It offers technical and sales support, pre-packaged and fully integrated solar systems, warehousing and distribution, on-line portals as well as financial products. The company's national customer network at present has grown to include more than 725 installers in 43 states, representing coverage in 83% of the US market.

About LFC Capital

Established in 1994, LFC Capital, Inc., specializes in financing for the healthcare industry, providing leasing and term loans to hospitals, clinics, physician groups, long-term care facilities and healthcare servicers and suppliers.

The principals of LFC have completed more than $1.5 billion in financing for essential equipment and strategic growth initiatives, structured to provide maximum value at minimum cost.

Kristine Weaver
480-348-2555

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more business becomes digital the more stakeholders are interested in this data including how it relates to business. Some of these people have never used a monitoring tool before. They have a question on their mind like “How is my application doing” but no id...
Announcing Poland #DigitalTransformation Pavilion
Digital Transformation is much more than a buzzword. The radical shift to digital mechanisms for almost every process is evident across all industries and verticals. This is often especially true in financial services, where the legacy environment is many times unable to keep up with the rapidly shifting demands of the consumer. The constant pressure to provide complete, omnichannel delivery of customer-facing solutions to meet both regulatory and customer demands is putting enormous pressure on...
CloudEXPO | DXWorldEXPO are the world's most influential, independent events where Cloud Computing was coined and where technology buyers and vendors meet to experience and discuss the big picture of Digital Transformation and all of the strategies, tactics, and tools they need to realize their goals. Sponsors of DXWorldEXPO | CloudEXPO benefit from unmatched branding, profile building and lead generation opportunities.
DXWorldEXPO LLC announced today that All in Mobile, a mobile app development company from Poland, will exhibit at the 22nd International CloudEXPO | DXWorldEXPO. All In Mobile is a mobile app development company from Poland. Since 2014, they maintain passion for developing mobile applications for enterprises and startups worldwide.
In his Opening Keynote at 21st Cloud Expo, John Considine, General Manager of IBM Cloud Infrastructure, led attendees through the exciting evolution of the cloud. He looked at this major disruption from the perspective of technology, business models, and what this means for enterprises of all sizes. John Considine is General Manager of Cloud Infrastructure Services at IBM. In that role he is responsible for leading IBM’s public cloud infrastructure including strategy, development, and offering m...
For far too long technology teams have lived in siloes. Not only physical siloes, but cultural siloes pushed by competing objectives. This includes informational siloes where business users require one set of data and tech teams require different data. DevOps intends to bridge these gaps to make tech driven operations more aligned and efficient.
The best way to leverage your CloudEXPO | DXWorldEXPO presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering CloudEXPO | DXWorldEXPO will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at CloudEXPO. Product announcements during our show provide your company with the most reach through our targeted audienc...
Everything run by electricity will eventually be connected to the Internet. Get ahead of the Internet of Things revolution. In his session at @ThingsExpo, Akvelon expert and IoT industry leader Sergey Grebnov provided an educational dive into the world of managing your home, workplace and all the devices they contain with the power of machine-based AI and intelligent Bot services for a completely streamlined experience.
@DevOpsSummit at Cloud Expo, taking place November 12-13 in New York City, NY, is co-located with 22nd international CloudEXPO | first international DXWorldEXPO and will feature technical sessions from a rock star conference faculty and the leading industry players in the world.
DXWorldEXPO | CloudEXPO are the world's most influential, independent events where Cloud Computing was coined and where technology buyers and vendors meet to experience and discuss the big picture of Digital Transformation and all of the strategies, tactics, and tools they need to realize their goals. Sponsors of DXWorldEXPO | CloudEXPO benefit from unmatched branding, profile building and lead generation opportunities.
With 10 simultaneous tracks, keynotes, general sessions and targeted breakout classes, @CloudEXPO and DXWorldEXPO are two of the most important technology events of the year. Since its launch over eight years ago, @CloudEXPO and DXWorldEXPO have presented a rock star faculty as well as showcased hundreds of sponsors and exhibitors!
22nd International Cloud Expo, taking place June 5-7, 2018, at the Javits Center in New York City, NY, and co-located with the 1st DXWorld Expo will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud ...
Dhiraj Sehgal works in Delphix's product and solution organization. His focus has been DevOps, DataOps, private cloud and datacenters customers, technologies and products. He has wealth of experience in cloud focused and virtualized technologies ranging from compute, networking to storage. He has spoken at Cloud Expo for last 3 years now in New York and Santa Clara.
HyperConvergence came to market with the objective of being simple, flexible and to help drive down operating expenses. It reduced the footprint by bundling the compute/storage/network into one box. This brought a new set of challenges as the HyperConverged vendors are very focused on their own proprietary building blocks. If you want to scale in a certain way, let's say you identified a need for more storage and want to add a device that is not sold by the HyperConverged vendor, forget about it...