Playsolar Systems Private Limited

As an installer or a developer with a growing pipeline of projects working capital management becomes a huge bottleneck. PlaySolar provides the necessary assistance in cash flow management via working capital financing as loans, cash advances and lines of credit with minimal paperwork.

Benefits:

    Renewable Energy lending under Priority Sector Lending
    Support in minimizing Cost of funds, maximizing Tenor of funds (our debt funds are upto 3 years), providing Risk sharing (will help expand faster) and support in Building in house capacity

    Provide access to finance to energy access entrepreneurs who operate in rural areas who lack access to energy.

    Meet working capital needs of the entrepreneurs to scale up.
    Provide affordable cost of capital.

Given the significantly high prevailing rates of interest in India and relative inexperience of financial institutions with the solar industry, securing debt financing for solar projects in the country is a notoriously difficult affair. PlaySolar has relationships with both local and international organisations that can assist with getting your project on the ground at the lowest possible costs of debt

Benefits:

• Debt structuring, leveraging existing equity
• Arranging collateral for debt
• Buyers credit on major components
• Buyers credit extensions

If you are a smaller scale solar EPC firm and do not have access to large reserves of liquidity, PlaySolar can help out with bridge financing options that are loaned out against your expected inflows of cash, either at the end of the project commissioning or through subsidies at a later stage. Why aren’t big banks stepping up for bridge financing small EPC players? The reason that big banks are not stepping up is simple. The size of each deal is relatively small. For a solar EPC that has been doing residential projects that wants to sign a 100kW deal, it’s a huge sum of money for the solar EPC, but not a large sum for a bank.

BENEFITS:

    Bridge financing provides small solar PV firms the ability to offer better credit terms to a client because they can get cash on day 1
    cash rebates or customer payments as collateral
    purchase equipment and pay for labor.

    can use this cash to purchase equipment and can bill the client later.
    provides liquidity at the beginning of the project which is when they have limited amounts of cash

PlaySolar can make adopting solar easier for home owners for providing product finance options that will help you set flexible payment terms to pay for your system over a comfortable period of time.


BENEFITS:

• Flexible payments
• Control of the interest
• Control of the term
• Consumer Credit cover for deposit and guarantee
• Least initial outlay (nil deposit)
• 1st repayment not until one month after completion
• Low affordable minimum payment
• Simple application process
• Keep your savings intact for a rainy day