Xantrex Offers System Financing

Xantrex Technology Inc. hasa new financing program for customers purchasing its Renewable Energy systems from a Xantrex Certified Dealer. The company is partnering with Thalman Financial Services to provide this benefit.

Burnaby, British Columbia, Canada – November 22, 2002 [SolarAccess.com] Xantrex Technology Inc. has a new financing program for customers purchasing its Renewable Energy systems from a Xantrex Certified Dealer. The company is partnering with Thalman Financial Services to provide this benefit. Xantrex and Thalman representatives officially introduced the program at the UPEx show in Austin, Texas, November 14. The program is available now from Certified Dealers in the United States, and by mid-2003 from Certified Dealers in Canada. The Xantrex Financing Program offers flexible payment terms of up to five years for Renewable Energy systems incorporating Xantrex equipment. Using a Web-based tool, a Certified Dealer can quickly submit an application and calculate monthly installments for customers. “We have introduced this program to make it easier for customers to purchase a Renewable Energy system,” said Pagan MacKay, Manager, Dealer Relations. “It reduces high up-front capital costs and eliminates the hassle of educating conventional financial institutions when applying for a loan.” Xantrex is the first in the Renewable Energy industry to offer financing for consumer, municipal, and commercial customers. According to MacKay, the initiative is part of Xantrex’ ongoing strategy to provide customers with the best resources to purchase a Renewable Energy with confidence through a Certified Dealer. “We believe that providing customers with another payment option will encourage them to comfortably move forward with their purchase, while working within their budget restraints,” MacKay said. The application process is straightforward. When a residential, municipal, or commercial customer contracts a Certified Dealer for renewable energy system design and installation, they can also apply for the financing program. The dealer will initiate the application, and a Thalman consultant will follow-up with a suitable payment schedule within 48 hours.
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