- Commercial finance
- No FCA licence needed
Offer finance on bigger commercial projects
Hire purchase from BNP Paribas, offered through you - without touching your margin.
Three key benefits for installers
This is business-to-business lending, not consumer credit – so your team can talk numbers whist discussing the kit
Become a total solution provider
Put solar and finance in front of the customer as one complete offer
No margin squeeze
Finance increases what a customer can afford, without you negotiating your price down to win the job
Hardware provided with no upfront payment
Orders placed via commercial finance are delivered without requiring upfront payment or using credit
How a financed deal works
The step-by-step guide to a commercial finance project
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01
Submit a proposal and get a decision
Send the customer's details, transaction value and term to Segen Finance. Approvals stay valid for 90 days.
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02
Contract drawn up
We write the contract including the kit you require
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03
Customer signs digitally
Your customer signs through the lender's e-signature platform
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04
Hardware delivered
Delivery goes ahead as normal. Over £25,000 we'll need proof of delivery.
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05
Submit your paperwork
Invoice us for the work undertaken.
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06
Get paid
We settle any outstanding documents with the lender and pay you once complete
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07
End of term
Your customer can acquire title to the equipment for £100 + VAT.
How to apply
Four steps from first enquiry to offering finance on your own quotes.
Express interest
Fill in the enquiry form at the bottom of this page.
Due diligence
We check your financials, competence, insurance and track record.
Sign your agreement
Confirm insurance cover and sign the agreement.
Go live
Start offering finance straight away.
What you'll need
Checked as part of due diligence at step 02.
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MCS certification
Required and checked during due diligence.
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Insurance cover
Professional Indemnity, Public Liability and Employers' Liability.
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Track record
Six months of sales history with limited bad debt chases, online reviews are also checked.
Installers already offering finance
“Offering finance let us take on a distribution-warehouse install we’d have lost on price alone - the customer got the numbers they needed, and we didn’t have to cut our margin to get there.”
James Okafor
Managing Director, Voltframe Solar
£420,000+
Of commercial installs financed through Segen in the last 12 months.
FAQs
Questions installers commonly ask.
Segen's current commercial product is hire purchase only, which gives the customer full ownership at the end of the term — a lease doesn't. If a customer specifically needs a lease structure, don't try to accommodate it yourself; escalate to Segen Finance's commercial team.
Pass their details to Segen Finance's commercial team: company name, Companies House registration number, and the indicative system size and value. They submit the credit application to BNP Paribas Leasing Solutions on the customer's behalf and come back to you with the outcome.
Segen Finance will notify you once BNP Paribas Leasing Solutions returns a decision.
Once the details have been submitted, a decision is typically given within 48 hours. If additional information is required this will be communicated to you.
Segen Finance's commercial team will let you know the outcome and next steps directly.
Once the installation is complete, BNP Paribas Leasing Solutions releases funds to Segen, and Segen pays you directly to your business bank account.
All installers are expected to remedy any installation issues directly with the customer. Payment will only be given once the installation has been signed off by the customer as completed.
Ready to offer commercial finance?
Open a trade account to get started. Once you’re set up, you can apply to offer finance from this page.