Intersolar NA: Mage Solar unveils new financial support programmes

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Mage Group’s US subsidiary has launched two new financing plans for customers wishing to buy its modules, inverters and mounting systems.

The first of these, the Extended Terms Programme, is being introduced with the help of De Lage Landen and offers qualifying integrators an alternative source of financing for Mage’s products, including the Powertec Plus module. It provides the opportunity to receive advances on all equipment purchases and choose from a range of financing options to optimise their cash flow management.

“Being able to purchase our products with more ease and the backing of a strong and reliable partner, like De Lage Landen, is a huge benefit to our integrator partners,” said president and chief operating officer Joe Thomas. “Maximising profits by eliminating long approval waiting periods is a tremendous plus in the booming PV market and will give Mage Solar’s programme partners yet another smart competitive edge.”

The second initiative, like the Extended Terms Programme, centres on advance financing options, although it has been aimed at the residential marketplace. Delivered in partnership with Renewable Energy Equipment Leasing (REEL), the goal of the programme is to provide Mage's business partners the ability to offer their customers 100% project financing for complete residential PV systems.

“This added bonus enables integrators to offer their customers not only the whole array of our quality system solutions, but also a viable financing answer from a solid and experienced partner like REEL,” Thomas said.

“Our web-based financial platform, dealer support and variety of financial products fit well into the long term strategy of our companies and customers. This is a great combination of high performance, energy efficiency of Mage Solar products, and cost-effective financing,” REEL's national sales manager, Terry Wrazin, added.

Mage will be exhibiting its range of PV products at this week's Intersolar North America exhibition at the Moscone Center in San Francisco. Mage can be found at Booth 7223.

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