The Churchill Companies Announces its Solar Term Financing Pilot Program

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Churchill to provide term financing for small-scale and mid-sized solar installations on a pilot basis throughout the United States. An often-overlooked market has a new alternative for how today’s solar energy systems can be affordably financed.

The Churchill Companies, a financier of commercial real estate and renewable energy installations announces that it has developed a pilot program to finance term loans for small-scale and medium-sized solar developments. Churchill and its affiliates developed the program by utilizing its key strategic relations with several life insurance companies.

The Solar term financing pilot program is designed for energy providers that need long term permanent financing typically in the 1 megawatt to 5 megawatt arena, although larger installations would be acceptable. Typically, these size installations are usually for institutional organizations such as schools and universities or smaller commercial applications such as large warehouses or distribution centers.

“We are pleased to compliment our renewable energy construction program with this solar pilot permanent financing program. There is a real need for competitive permanent financing that addresses this particular marketplace and I trust that this program will start to fill that void,” stated Churchill President Keith J. Gloeckl.

At the Solar Power International 2010 Conference in Los Angeles, California on October 12-14, please stop by our booth in Kentia Hall for more information about this financing program or contact Devin Sanderson, Vice President of The Churchill Companies at 727-461-2200.

About The Churchill Companies
The Churchill Companies are a full-service mortgage-banking firm with its office in Clearwater, Florida. The company specializes in providing financing for commercial real estate and renewable energy installations.

Churchill Financial LLC is a member of Q10|Capital LLC and benefits from a national infrastructure enabling immediate access to real time financing data from across the country. In the past three years, Q10|Capital companies have produced over $16.5 billion in commercial finance transactions and currently service over $17 billion in commercial mortgage loans. For more information, please contact Devin Sanderson at (727) 461-2200.

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Devin Sanderson
The Churchill Companies
727-461-2200
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