Working with our client we developed a programme to allow Manufacturer’s and Installers more affordable payment plans to offer to their customers for the installation of Solar Panels.
The new plans avoid the need for lumpy up-front payment costs.
Effectively we constructed:
Residual Value Insurance; and
Lease Cancellation Insurance
which were developed in conjunction with a lease purchase agreement.
The protection provided by the insurance provides the Manufacturer and Installer with peace of mind in the event the customer defaults or fails to complete their final instalment under their lease agreement.