SunForAll Solar Fund is a unique nonprofit solar financing program that provides funding for organizations that plan to use solar energy to increase social and economic equity and reduce their environmental impact. Created by CollectiveSun with lead investor BQuest Foundation and other impact investors, the Fund helps nonprofits access the benefits that come with solar energy so they are better able to focus on their programs and services and reduce their fossil fuel consumption.
SunForAll Solar Fund makes solar for nonprofits easy and affordable. The program funds 100% of the costs of the solar installation. By going solar, nonprofits can significantly lower their operating costs and lock in energy savings for many years.
SunForAll Solar Fund makes solar for nonprofits easy and affordable. The program funds 100% of the costs of the solar installation. By going solar, nonprofits can significantly lower their operating costs and lock in energy savings for many years.
SunForAll Solar Fund is a low-interest loan to fund 100% of the cost of a solar installation and generates savings from day one.
No Collateral Requirements
There are no collateral requirements beyond the solar equipment itself.
No Payments During Construction
CollectiveSun provides a payment holiday during construction to support the nonprofit transitioning to solar. There are no payments due until the solar project is generating savings.
No Prepayment Penalties
Unlike other loans, the SunForAll Solar Fund does not have any prepayment penalties for choosing to pay off the loan early.
4.99%+ Interest Rate
Get credit for doing good! Interest rates are based on community impact, not just credit score. We evaluate both financial and non-financial metrics when evaluating nonprofits. Your community impact earns you a lower interest rate.
The Power of Impact Investing in Renewable Energy
Nonprofits have always faced barriers when trying to access traditional sources of financing. Banks and other lenders have a biased perception about the risk of lending to nonprofits, which has made it difficult for nonprofits to access loans from traditional banks at attractive rates. SunForAll Solar Fund was carefully designed to help nonprofits overcome these barriers and secure the best financing for their solar system.
When these organizations are able to go solar, they reduce their carbon footprint and make a $0 down investment that allows them to redirect essential funds to the services and programs so vital to our communities. Since a nonprofit’s solar panels will produce clean energy for 25+ years, investors in SunForAll Solar Fund are creating a solar endowment that will support the long-term sustainability of the nonprofit’s mission. Ultimately, the Fund gives values-aligned investors the opportunity to invest in renewable energy for a profound social, economic, and environmental impact.
