Fwd: Lease materials
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| Matt Warren matt@warrensolar.com via netorgft2024525.onmicrosoft.com |  Sep 21, 2016, 3:49 PM | | |
| to me |
Matt Warren
Begin forwarded message:
From: “Sterling Bowen” <sterling@spotlightsolar.com>
To: “Matt Warren” <matt@warrensolar.com>
Cc: “Craig Merrigan” <craig@spotlightsolar.com>
Subject:Fwd: Lease materials
Matt:
-monthly payments for the lease modeled would be $1,460.20 (based on 60kw at $2.50/W and $30k for Curve install)
-final/residual at the end of year 7 would be $27,000
-no cash/equity requirement, however, the bank charges an application fee which is generally about $600 for a package this size.-there is an additional tax benefit to the lessee (which is not captured in the “negative” lease rate) of ~$41k for the lease payments as well as ~$7k in depreciation benefits due to the the residual payment (both assumptions are calculated based on the tax rate which is input in cell D6, which you will need to verify with the customer)
-entity must have tax liability to qualify; as a matter of fact, I would recommend you put the “Qualifying” document in front of them
We (and our contact at CMG Commercial) would love to get some feedback from the customer after you share this with them. Also, can you disclose their name so we can track lead development on our end?
Do you have all the sales materials you need re: Spotlight?
Thanks
Sterling
Sterling Bowen
Director, Business Development
919-389-8293
www.spotlightsolar.com
———- Forwarded message ———-
From: Sterling Bowen <sterling@spotlightsolar.com>
Date: Wed, Sep 21, 2016 at 8:43 AM
Subject: Lease materials
To: Matt Warren <matt@warrensolar.com>
I’ve worked up a lease model, running it by the financier to be sure it’s accurate enough to show a customer.
Sterling Bowen
Director, Business Development
919-389-8293
www.spotlightsolar.com
