Operating Lease Purchase
An Operating Lease Purchase means that your business uses the money that it is currently spending on energy to pay off the solar panel system. You get the benefit of minimal upfront costs, and your lease payments are designed for your benefit.
There are Green Energy lenders who are not only offering competitive rates for green projects, but will fully fund a renewable energy project such as a solar installation. Green energy funding can boost your business sustainability and lower your business overheads through solar.
A Capex purchase is an outright purchase that will allow you to claim VAT back once the project is commissioned and immediately take advantage of the savings. If your business qualifies for this kind of purchase you can claim 130% VAT on the total cost of the system.