New partnership program for SPP financing from Credit Agricole and Solar Family

Credit Agricole, as part of the international socially responsible Group, supports its customers in energy independence and transition to sustainable practices. Hence, the bank has signed a new agreement with Solar Family, a solar power plant installer that has been providing design, installation and maintenance services for businesses and private households for over 13 years.

This is the second SPP financing program in the bank's portfolio. The partnership program provides favorable financing terms for SME customers, as well as corporate businesses from all sectors of the economy − both for the purchase of solar panels and equipment for solar power plants, and for installation and commissioning works.

The interest rate on UAH loans is from 9.80% to 13.55% per annum, depending on the financing term and the amount of advance payment. The down-payment is from 20% of the cost of equipment or a solar power plant installation project. The maximum loan period constitutes 5 years. The program has a number of advantages, namely the tailored loan repayment scheme depending on the earnings from product sales, there is no one-time commission fee, as well as no commission fee for early loan repayment.

You can find more information about financing terms here.

Credit Agricole Bank serves 2500 agribusiness customers. About 80% of agribusinesses stay with us for over 5 years, and almost half for over 10 years. This is the best indicator of loyalty and trust. Partnership programs are in great demand among the bank's customers, as they ensure advantageous terms compared to standard financing. Credit Agricole's portfolio already includes more than 60 partnership programs, within which the bank offers financing not only for seeds, PPPs, fertilizers, fuels and lubricants, but also for agricultural machinery and equipment.

Follow the link to learn more about partnership programs.

About Solar Family:

Solar Family is an experienced market player with over 13 years of history and more than 1500 implemented solar power plant projects that offers a full range of services: from initial consultation to subsequent maintenance of the installed SPPs. Solar Family experts are certified to perform SPP installation works of any level of complexity. Installation is carried out in full compliance with the EIR requirements and the recommendations of equipment manufacturers applied to implement autonomous power plant projects. Solar Family fulfils the most specialized and challenging projects, provides guarantees for its work, as well as qualified consultations on the SPP installation.