ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Solar Integrated Roofing Corp. Introduces Innovative Low Income Solar Financing Product to Non-Profit Commercial Entities

Introduction of Innovative Financing Product to Non-Profit Sector through Partnership with REPM Unlocks New Commercial Scale Opportunities in Sector with Minimal Competition

HENDERSON, NV / ACCESSWIRE / July 19, 2022 / Solar Integrated Roofing Corp. (OTC PINK:SIRC), an integrated, single-source solar power and roofing systems installation company, today announced the introduction of an innovative new solar financing product to non-profit entities. The low income, no credit score solar financing product - funded through a joint venture with Renewable Energy Products Manufacturing ("REPM") - unlocks new commercial scale solar opportunities for SIRC in a sector with minimal competition due to historical financing difficulties.

The financing product, exclusively available to non-profits through installers within the SIRC family of companies, only requires an organization to prove that they have paid their last six months of electricity bills. REPM retains ownership and offers financing for the system through its fund, allowing the SIRC family of companies to remain focused on the efficient sale and installation of these commercial scale solar projects.

"This exciting new financing agreement allows nonprofits to quickly meet their sustainability goals and lower power costs with no upfront expense," said David Massey, CEO of Solar Integrated Roofing Corp. "Our solar solutions protect non-profit customers against the risk of rising energy prices, all while avoiding the historical issues that non-profits have had with securing financing. We have already seen immense interest, securing approvals to install solar for eight non-profits with the potential to install 100 more in 2022 alone.

We are proud to begin offering solar to a variety of public benefit nonprofits around the country, allowing them to focus on their causes ranging from climate change to homelessness and education. We look forward to offering these incredible organizations the opportunity to add solar to their operations without the typical upfront costs of installation, or burdensome credit and income requirements. This partnership with REPM represents another exciting alternative for our non-profit customers and positions SIRC to dominate this niche," concluded Massey.

Solar Integrated Roofing Corp. (OTC:SIRC), is an integrated, single-source solar power, roofing systems installation and EV charging company specializing in commercial and residential properties throughout the United States. The Company serves communities by delivering the best experience through constant innovation & legacy-focused leadership. The Company's broad array of solutions include sales and installation of solar energy systems, battery backup and electric vehicle (EV) charging stations to roofing, HVAC and related electrical contracting work. For more information, please visit the Company's website at www.solarintegratedroofing.com.

Forward-Looking Statements

Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update the information contained in any forward-looking statement. This press release shall not be deemed a general solicitation.

Investor Relations Contact:
Lucas A. Zimmerman
Director
MZ North America
Main: 949-259-4987
SIRC@mzgroup.us
www.mzgroup.us

SOURCE: Solar Integrated Roof Corp.



View source version on accesswire.com:
https://www.accesswire.com/708969/Solar-Integrated-Roofing-Corp-Introduces-Innovative-Low-Income-Solar-Financing-Product-to-Non-Profit-Commercial-Entities

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.