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Why Greenday Finance (GDF) is Your Best Option for Solar Project Financing

Why Greenday Finance (GDF) is Your Best Option for Solar Project Financing

Securing the right financing is one of the most critical steps in developing a successful solar project. The wrong financing can cause delays, increase costs, or even put a project at risk of failure. At Greenday Finance (GDF), we specialize in fast, flexible, and tailored financing solutions designed specifically for EPCs and developers.

Here’s why GDF is the best choice for your solar financing needs:

1. Speed Matters – We Deliver Fast, Reliable Funding

In the solar industry, timing is everything. Whether you’re racing to meet a year-end tax deadline or need to keep your project on track, GDF offers fast-track financing options that can be approved and deployed in as little as 10 days. Our streamlined process eliminates bottlenecks and ensures your project keeps moving forward.

2. Expertise in Solar Financing – We Understand Your Challenges

Unlike traditional lenders who finance various industries, GDF is 100% focused on solar. We understand the unique challenges EPCs and developers face, from navigating ITC tax incentives to structuring the right Power Purchase Agreements (PPAs). Our team works with you to find financing solutions that align with your project’s financial model and long-term goals.

3. Flexible Financing Options to Fit Your Project Needs

Every solar project is different, which is why we don’t offer one-size-fits-all financing. Instead, we provide customized solutions such as:

  • Pre-qualified PPAs – Accelerate approvals and secure long-term revenue streams.
  • Bridge financing – Keep your project moving while you finalize long-term funding.
  • Construction financing – Avoid costly delays and ensure smooth execution.

4. Competitive Terms That Maximize Your Returns

The right financing doesn’t just fund your project—it helps you maximize profitability. Our competitive financing structures ensure favorable rates, optimized cash flow, and increased ROI, giving you more financial flexibility to take on future projects.

5. A Trusted Partner for Long-Term Growth

Financing a single project is one thing—building a sustainable partnership is another. At GDF, we focus on long-term relationships, helping you scale your solar business with reliable funding for multiple projects. Our team is invested in your success and committed to supporting you beyond just one transaction.

Partner with GDF for Your Next Solar Project

Choosing the right financing partner can make or break a solar project. With fast approvals, deep industry expertise, and customized solutions, GDF ensures your project gets the funding it needs—on time and on the best terms.

🔹 Need financing for an upcoming project? Let’s talk. Contact us today to learn how we can help.

The Importance of Having the Right Funding for Your Solar Project

The Importance of Having the Right Funding for Your Solar Project

In the rapidly evolving solar industry, having the right funding in place can mean the difference between a project’s success and its stagnation. For EPCs (Engineering, Procurement, and Construction firms) and developers, securing reliable and tailored financing solutions is not just an operational necessity but a strategic advantage.

  1. Streamlined Execution for On-Time Completion Timely funding is critical to ensuring your solar project stays on track. Delays in securing financing can create bottlenecks, impacting everything from procurement schedules to project delivery timelines. With year-end deadlines and the race to lock in competitive tax incentives, such as the Investment Tax Credit (ITC), having funding ready to deploy ensures smooth execution and mitigates costly setbacks.
  2. Unlocking Greater Project Value The right funding strategy can maximize the value of your solar project. Competitive financing options can reduce overall project costs, improve cash flow, and increase return on investment. For developers, this means more favorable terms for power purchase agreements (PPAs) and higher profitability, making projects more attractive to stakeholders and investors.
  3. Adapting to Market Dynamics Solar projects operate in a dynamic market influenced by policy changes, technology advancements, and fluctuating energy prices. Flexible financing solutions allow EPCs and developers to adapt to these changes swiftly. Access to customized funding options, such as pre-qualified PPAs or fast-track financing, ensures your project remains viable and competitive in an ever-changing landscape.
  4. Mitigating Risk Projects with insufficient or poorly structured funding are more vulnerable to unforeseen challenges, such as rising material costs, permitting delays, or labor shortages. By securing the right funding early on, you mitigate risks and ensure your project is financially resilient, even in the face of unexpected hurdles.
  5. Building Long-Term Relationships Collaborating with the right financial partner goes beyond securing a single project’s funding. It opens doors to long-term relationships that can support future projects, provide expert guidance, and foster mutual growth. A trusted financial partner understands the unique needs of EPCs and developers, offering solutions tailored to your specific goals.

Partnering with Experts in Solar Financing At Greenday Finance, we specialize in providing customized financial solutions designed to meet the needs of EPCs and developers. Whether you need fast-track financing for a project nearing completion or pre-qualified PPAs to accelerate approvals, we’re here to help you navigate the complexities of solar project funding.

The right funding isn’t just about access to capital, it’s about aligning your financial strategy with your project’s vision and goals. Don’t let financing challenges hold you back from driving the solar revolution forward.

Let’s power your projects together. Contact us today to learn more about how Greenday Finance can support your solar initiatives.

Designing Commercial Solar Systems for Bill Savings and a Win-Win-Win

When David Jimenez works with clients interested in financing commercial solar projects, he seeks a win-win-win scenario, says the vice president of sales for Greenday Finance.

Reaping benefits with or without storage

That means ensuring solar systems are designed, first and foremost, to save commercial property owners money on their electric bills. This will reap benefits for the customer, the installer and solar finance provider Greenday Finance. 

That also means adding energy storage to solar systems only when it makes sense. Some states are implementing changes to net energy metering (NEM)–a solar compensation method–and incentivizing adding energy storage. But it’s important to take a hard look at the numbers before investing in batteries, said Jimenez.

Focusing first on saving customers money

“We make a difference in having a different point of view: not as many panels as possible, but what are the best ways to save the customer money,” he said.

Jimenez sometimes is invited into a solar project after the initial design phase, and works with Greenday’s consulting engineers to ensure the project is properly sized. It’s important to do this before exploring solar power purchase agreements (PPA).

Too often, projects are oversized, he said. The goal may be to generate as much solar as possible, but designers may not look hard enough at whether this strategy is cost-effective.

Taking a hard look at energy storage

Another potential pitfall: Designers may suggest adding energy storage even though the cost of storage undermines the economic benefits of a project.

For example, a commercial property owner may use electricity mostly at night.  This may create an incentive to install energy storage to deploy solar stored during the day when the sun sets.  But that may not be the least expensive option; it involves purchasing expensive batteries.

Instead, it makes more sense to first crunch the numbers to compare different scenarios: solar systems with storage, without storage and with different numbers of panels, he said.

In this case, even if using solar only during the day means the customer will be hit with utility demand charges at night, it still may make the most economic sense to install a small system rather than oversizing the solar and adding storage. When adding storage, designers often oversize solar to ensure there’s enough available to run storage through the night.

The importance of understanding solar compensation tariffs

Greenday Finance also helps its solar finance customers better understand how to respond to changes in NEM, especially in California, where the latest version of NEM no longer compensates solar owners with 1 KWh of electricity for each KWh of solar exported to the grid.

Instead, the utility might pay the customer 4 cents/kWh for solar exported to the grid, then charge the customer 17 cents/KWh for electricity the customer purchases, said Jimenez.

“It’s important to understand how NEM rules will be applied and use engineering to think of how to get the best benefit,” he said.

When sizing a PV system, it’s also a good idea to look into local zoning regulations and potential development nearby, according to the National Renewable Energy Laboratory.  Zoning and permitting requirements can have a negative impact on PV system performance. And new development can shade a roof, impacting the system output.

Gaining solar project financing quickly

Once the solar system design has been re-configured or completed, Greenday Finance can provide financing to qualifying projects in 30 days or less, said Jimenez. Greenday Finance offers solar PPAs that require no up-front investment and that lock in rates that are lower than the local utility’s rates. Customers can start cutting energy bills right away.

“Once the customer agrees, we can move fast and get the system up and running, saving the customer money,” Jimenez said.