financing options

The upfront investment required for electrification projects can be daunting. It can even make the difference between embracing the opportunities that EVs offer – and sticking with the status quo.

That’s why we partner with asset finance specialist, Horizon Energy Ventures, to offer you the means to spread the expense of implementing charging facilities.

Our ‘Lease’ funding model covers you direct infrastructure costs, but can also include:

• Your operating and maintenance costs
• Any related infrastructure upgrade costs (works by the Distribution Network Operator to support additional energy requirements, as necessary)

We also offer a ‘Sale and Leaseback’ model, which enables you to release capital you’ve recently invested in charging hardware for use elsewhere.

Which option best suits your situation?

The table below will help you compare the different finance options we offer.

Under our Sale and Leaseback model, Horizon Energy Ventures purchases your existing owned and installed hardware to release capital for you. You enter into a lease agreement and pass ownership of the hardware to Horizon Energy Ventures at the start of the lease term. The term runs until the end of the hardware’s existing warranty period.

Otherwise, Sale and Leaseback works much like the Lease model, whereby you:

• Make monthly or quarterly payments
• Choose to keep operation and maintenance costs with your existing provider or include them in the lease agreement
• Are responsible for hardware insurance
• Retain the same end-of-term options

Sale and Leaseback suits organisations that have recently invested heavily in EV charging facilities and want to release capital for use elsewhere.

If you think either our Lease or Sale and Leaseback funding models would suit your organisation, contact us and we’ll start the ball rolling. The process of securing financial support and implementing charging facilities (in the case of ‘Lease’ is simple:

1. You Contact us requesting details
2. We discuss suitability with you, providing indicative costs
3. You request a quote based on your specific requirements
4. We pass our associated implementation costs on to Horizon Energy Ventures to prepare a finance agreement quote and then return it to you
5. Once you’re happy and have signed the finance agreement, we begin installation (or arrange change of ownership to Horizon Energy Ventures, in the case of Sale and Leaseback)

Under our Lease model, you only start the payment schedule once the hardware’s in the ground.