As a social enterprise, iPower has identified three kinds of funding options which retain as much of the benefit of a project as possible with an organisation, subject to the organisations appetite for risk and responsibility:
Self-finance: where direct project costs are met by the organisation.
Recourse funding: where the organisation underwrites the repayments and can consequently retain as much benefit as possible. Assets may or may not be on the balance sheet of the organisation.
Project finance (“non-recourse” funding). where repayments are only based on revenues from the project itself and are not underwritten by the organisation. The organisation only takes on defined liabilities which they agree to in a contract. Assets will not be on the balance sheet of the organisation.
Contact Us for an individual assessment and quotation for your project: Customer Enquiry Form