Contractor https://gogreenfinancing.com/taxonomy/term/152 en What determines if a customer is a “small business”? https://gogreenfinancing.com/node/847 <span>What determines if a customer is a “small business”?</span> <div> <div class="label">FAQ Title Label</div> <div class="data">What determines if a customer is a “small business”?</div> </div> <span><span>Jack Ulrich</span></span> <span>Wed, 03/06/2019 - 19:49</span> <div> <div class="label">FAQ Property Type</div> <div class="data"><a href="/taxonomy/term/154" hreflang="en">Small Business</a></div> </div> <div> <div class="label">FAQ category</div> <div class="data"><a href="/taxonomy/term/152" hreflang="en">Contractor</a></div> </div> <div class="text_with_summary body"><p>A for profit or nonprofit organization can qualify for the SBF program by meeting any one of three requirements:</p> <ul> <li>100 or fewer employees, or</li> <li>Less than $15 million a year in annual revenue, or</li> <li>Meeting the SBA definition of a small business</li> </ul> </div> Thu, 07 Mar 2019 03:49:49 +0000 Jack Ulrich 847 at https://gogreenfinancing.com Are there any requirements to prove or guarantee energy savings? https://gogreenfinancing.com/node/846 <span>Are there any requirements to prove or guarantee energy savings?</span> <div> <div class="label">FAQ Title Label</div> <div class="data">Are there any requirements to prove or guarantee energy savings?</div> </div> <span><span>Jack Ulrich</span></span> <span>Wed, 03/06/2019 - 19:48</span> <div> <div class="label">FAQ Property Type</div> <div class="data"><a href="/taxonomy/term/154" hreflang="en">Small Business</a></div> </div> <div> <div class="label">FAQ category</div> <div class="data"><a href="/taxonomy/term/152" hreflang="en">Contractor</a></div> </div> <div class="text_with_summary body">Measures qualifying using the pre-qualified ESM list method only need to meet any requirements indicated in the list under the measure name. Measures qualifying for an IOU custom incentive automatically qualify for the program. For measures qualifying by the professional certification method, the Certified Energy Manager or Professional Engineer who is certifying the measures must provide an estimate of energy savings. This is not a guarantee but a good-faith estimate of savings based on accepted industry practices. </div> Thu, 07 Mar 2019 03:48:45 +0000 Jack Ulrich 846 at https://gogreenfinancing.com Is participation in utility programs required? https://gogreenfinancing.com/node/845 <span>Is participation in utility programs required?</span> <div> <div class="label">FAQ Title Label</div> <div class="data">Is participation in utility programs required?</div> </div> <span><span>Jack Ulrich</span></span> <span>Wed, 03/06/2019 - 19:48</span> <div> <div class="label">FAQ Property Type</div> <div class="data"><a href="/taxonomy/term/154" hreflang="en">Small Business</a></div> </div> <div> <div class="label">FAQ category</div> <div class="data"><a href="/taxonomy/term/152" hreflang="en">Contractor</a></div> </div> <div class="text_with_summary body">No. While any measure which receives a rebate or incentive from an IOU, REN or CCA automatically qualifies as an Energy Saving Measure (ESM) for the SBF program, participation in utility programs is not required. If desired, OBF financing may be paired with SBF financing to finance components of projects that qualify for SBF, but not OBF. </div> Thu, 07 Mar 2019 03:48:09 +0000 Jack Ulrich 845 at https://gogreenfinancing.com Can electric vehicle (EV) charging stations be financed through SBF? https://gogreenfinancing.com/node/842 <span>Can electric vehicle (EV) charging stations be financed through SBF?</span> <div> <div class="label">FAQ Title Label</div> <div class="data">Can electric vehicle (EV) charging stations be financed through SBF?</div> </div> <span><span>Jack Ulrich</span></span> <span>Wed, 03/06/2019 - 19:45</span> <div> <div class="label">FAQ Property Type</div> <div class="data"><a href="/taxonomy/term/154" hreflang="en">Small Business</a></div> </div> <div> <div class="label">FAQ category</div> <div class="data"><a href="/taxonomy/term/152" hreflang="en">Contractor</a></div> </div> <div class="text_with_summary body"><p>Yes, depending on the finance company and the composition of the project. A qualifying project must include at least one energy-saving measure, and a project where the majority of financing is not for energy-saving measures may not receive the full benefit of enhanced financing terms. Ask a <a href="/findfinancing">participating finance company</a> for more details.</p> <p>For a project that consists solely of EV charging stations, please consider the <a href="https://www.treasurer.ca.gov/cpcfa/calcap">California Capital Access (CalCAP) program</a>.</p> </div> Thu, 07 Mar 2019 03:45:41 +0000 Jack Ulrich 842 at https://gogreenfinancing.com Can new construction be financed through SBF? https://gogreenfinancing.com/node/841 <span>Can new construction be financed through SBF?</span> <div> <div class="label">FAQ Title Label</div> <div class="data">Can new construction be financed through SBF?</div> </div> <span><span>Jack Ulrich</span></span> <span>Wed, 03/06/2019 - 19:44</span> <div> <div class="label">FAQ Property Type</div> <div class="data"><a href="/taxonomy/term/154" hreflang="en">Small Business</a></div> </div> <div> <div class="label">FAQ category</div> <div class="data"><a href="/taxonomy/term/152" hreflang="en">Contractor</a></div> </div> <div class="text_with_summary body">No, this program is restricted to the financing of retrofits to save energy in existing buildings. </div> Thu, 07 Mar 2019 03:44:54 +0000 Jack Ulrich 841 at https://gogreenfinancing.com Can solar panels and battery storage be financed through SBF? https://gogreenfinancing.com/node/840 <span>Can solar panels and battery storage be financed through SBF?</span> <div> <div class="label">FAQ Title Label</div> <div class="data">Can solar panels and battery storage be financed through SBF?</div> </div> <span><span>Jack Ulrich</span></span> <span>Wed, 03/06/2019 - 19:44</span> <div> <div class="label">FAQ Property Type</div> <div class="data"><a href="/taxonomy/term/154" hreflang="en">Small Business</a></div> </div> <div> <div class="label">FAQ category</div> <div class="data"><a href="/taxonomy/term/152" hreflang="en">Contractor</a></div> </div> <div class="text_with_summary body">Distributed generation and storage such as solar panels and batteries may be financed, but finance companies will not receive a credit enhancement for that portion of their financing. As such, these installations may be financed at the discretion of the finance company. </div> Thu, 07 Mar 2019 03:44:21 +0000 Jack Ulrich 840 at https://gogreenfinancing.com How do contractor payments work? https://gogreenfinancing.com/node/839 <span>How do contractor payments work?</span> <div> <div class="label">FAQ Title Label</div> <div class="data">How do contractor payments work?</div> </div> <span><span>Jack Ulrich</span></span> <span>Wed, 03/06/2019 - 19:43</span> <div> <div class="label">FAQ Property Type</div> <div class="data"><a href="/taxonomy/term/154" hreflang="en">Small Business</a></div> </div> <div> <div class="label">FAQ category</div> <div class="data"><a href="/taxonomy/term/152" hreflang="en">Contractor</a></div> </div> <div class="text_with_summary body">Participating finance companies will usually pay contractors directly for their work and some offer pre-funding or progress payments for qualifying contractors. Please consult directly with the finance company to explore your options. </div> Thu, 07 Mar 2019 03:43:44 +0000 Jack Ulrich 839 at https://gogreenfinancing.com How is SBF different from On Bill Financing (OBF)? https://gogreenfinancing.com/node/838 <span>How is SBF different from On Bill Financing (OBF)?</span> <div> <div class="label">FAQ Title Label</div> <div class="data">How is SBF different from On Bill Financing (OBF)?</div> </div> <span><span>Jack Ulrich</span></span> <span>Wed, 03/06/2019 - 19:43</span> <div> <div class="label">FAQ Property Type</div> <div class="data"><a href="/taxonomy/term/154" hreflang="en">Small Business</a></div> </div> <div> <div class="label">FAQ category</div> <div class="data"><a href="/taxonomy/term/152" hreflang="en">Contractor</a></div> </div> <div class="text_with_summary body"><p>OBF is administered by the utility companies and the financing comes from ratepayer funds. SBF is administered by the State of California and the financing comes from private financing companies. The two programs offer a variety of benefits and may also be combined on projects. For more information on these two forms of financing, please review <a href="https://www.treasurer.ca.gov/caeatfa/cheef/sblp/resources/sbf-obf-flyer.pdf">this flyer</a> to learn how SBF and OBF work together.</p> </div> Thu, 07 Mar 2019 03:43:02 +0000 Jack Ulrich 838 at https://gogreenfinancing.com What are the benefits of the SBF program? https://gogreenfinancing.com/node/837 <span>What are the benefits of the SBF program?</span> <div> <div class="label">FAQ Title Label</div> <div class="data">What are the benefits of the SBF program?</div> </div> <span><span>Jack Ulrich</span></span> <span>Wed, 03/06/2019 - 19:40</span> <div> <div class="label">FAQ Property Type</div> <div class="data"><a href="/taxonomy/term/154" hreflang="en">Small Business</a></div> </div> <div> <div class="label">FAQ category</div> <div class="data"><a href="/taxonomy/term/152" hreflang="en">Contractor</a></div> </div> <div class="text_with_summary body"><p>The SBF program offers a lot of flexibility. Depending on finance company approval, projects can be any size up to $5 million, and can include other measures (e.g. landscaping or remodeling) in addition to Energy Saving Measures (ESMs). Customers have access to multiple products including loans, leases, equipment finance agreements, service agreements and cash-flow positive options. Small businesses that lease or own their space can qualify. Finance companies can provide fast project approval. Some finance companies also provide pre-funding for qualifying projects and contractors.</p> </div> Thu, 07 Mar 2019 03:40:33 +0000 Jack Ulrich 837 at https://gogreenfinancing.com How does SBF work? https://gogreenfinancing.com/node/836 <span>How does SBF work?</span> <div> <div class="label">FAQ Title Label</div> <div class="data">How does SBF work?</div> </div> <span><span>Jack Ulrich</span></span> <span>Wed, 03/06/2019 - 19:39</span> <div> <div class="label">FAQ Property Type</div> <div class="data"><a href="/taxonomy/term/154" hreflang="en">Small Business</a></div> </div> <div> <div class="label">FAQ category</div> <div class="data"><a href="/taxonomy/term/152" hreflang="en">Contractor</a></div> </div> <div class="text_with_summary body"><p>A customer meeting the definition of a small business who receives service from at least one of California’s four investor-owned utilities (IOUs) - PG&amp;E, SDG&amp;E, SoCal Edison, SoCal Gas, or a Regional Energy Network (REN) or Community Choice Aggregator (CCA) - may apply for financing from a finance company participating in the program. Participating finance companies receive a credit enhancement for the financing they provide. The credit enhancement acts like insurance in the case that a customer defaults on their payment. In turn, the customer receives benefits such as better terms, a longer payback period, or broader approvals.</p> </div> Thu, 07 Mar 2019 03:39:07 +0000 Jack Ulrich 836 at https://gogreenfinancing.com