Solar contractor doing work on a solar panel

Solar Project Financing

Better loan terms for today's solar energy leaders

The solar industry is complex, but the financing doesn’t have to be. We know that it can be difficult to find financing partners who are willing to underwrite post-PPA revenue and other non-traditional revenue sources like community solar and energy storage. Our solar lending team members are experts in utility-scale and C&I solar, community solar and energy storage project financing nationwide. We offer solar project developers and their tax equity partners a first-class lending experience.

Short term loans can strain your cash flow or keep you from investing in new assets, and short amortizations pose interest rate risk for a long-term held asset. We offer as long as 25-year fixed rate financing and a variety of deal structures that serve both single- and multi-site projects in any U.S. state or territory. We know the program, the process and the players, so we can ensure your financing experience is smooth and efficient. Live Oak offers several financing solutions, depending on your project type.


Community Solar Financing
Live Oak Bank will consider community solar gardens with investment grade, non-investment grade and/or residential subscribers under all types of subscription agreements.

 

Energy Storage Financing
We finance both solar plus storage projects as well as standalone storage projects. We know the asset class and can provide value with long-term, project-level debt.

 

Utility Scale Solar Financing
Our solar lending team members are experts in utility-scale and C&I solar, community solar and energy storage project financing nationwide.

 

Standalone Battery Energy Storage Systems (BESS) Financing
Live Oak works with developers and their tax equity partners for both construction and permanent financing for standalone battery storage systems across the country. Although our focus is on small to mid-size systems, we will consider all durations of battery and storage technologies. Contact kevin.rooney@liveoak.bank for more information.

 

SOLAR GRAZING CASE STUDY

Located adjacent to a sheep farm in Cologne, MN, USS Hancock is a 1-megawatt solar farm owned and operated by US Solar. This partnership between grazier and solar company doubles sustainable land use of the property.

RENEWABLE ENERGY: RATE COLLAR OPTION

We offer a Rate Collar Option to protect solar project economics against future movements in interest rates.

Personalized Service You Deserve

We’ll meet you where you are, whether that’s creatively structuring a small business loan or helping you maximize your money with a high-yield savings account. No need to jump through hoops for our attention—get the service you deserve from Live Oak Bank.

Our Team Understands Your Business

  • Jennifer Williams
    SVP - Head of Renewable Energy

    Email Jennifer | 910.597.1590

  • Taylor King
    VP - Renewable Energy

    Email Taylor | 910.796.1650

  • Caroline Gann
    AVP – Renewable Energy

    Email Caroline | 910.528.5009

  • Nick Strakhov
    AVP – Renewable Energy

    Email Nick | 585.465.3011

We're ready when you are

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From our resource center

As part of our commitment to supporting small business owners, we have a library of free educational resources available to anyone. Here’s what you can expect to find in Live Oak Bank’s Resource Center:

  • Loan product overviews
  • Marketing tips and tricks
  • Small business fundamentals
  • Live Oak customer spotlights