Financing Options for Renewable Energy Companies
Do you need funding for your renewable energy service business?
Riviera Finance provides factoring to service providers involved in installation, repair, operations & maintenance in the renewable energy field including wind, solar, energy storage and more.
Contractors in the wind and solar power industry utilize invoice factoring to bridge the gap between billing for services and being paid in 30-60 days. With our accounts receivable financing you get immediate access to cash that is normally tied up for 30, 45, or 60 days.
Riviera Finance has been providing businesses with cash flow solutions for over 50 years and understands the challenges renewable energy businesses face to cover operating expenses such as payroll, equipment, insurance, and so on, while waiting for their customers to pay their invoices.
Financing for Wind Farm Service Companies
- Wind Turbine inspections, maintenance and repairs
- Drone inspections
- Blade repair
- Repair of turbine gear boxes, generators, rotors, brakes
- Main bearing flushing
- Lightening Protection System testing & repair
- AEP Upgrades & Retrofits
- Underground cabling
- Sandblasting & painting
Financing for Solar Farm Service Companies
- Monitoring & Diagnostics
- Landscape maintenance and control
- Solar Panel Cleaning
- Solar Photovoltaic System Commissioning
Top Benefits of Funding with Riviera Finance
Why Work with Riviera Finance for Invoice Factoring
Riviera Finance can work with your business, no matter the size. We have funds available from $10,000 to $2 Million per month to cover your company’s financial needs. With local invoice factoring offices in more than 30 cities, we will serve you with personal attention to help you meet and exceed your goals.
Contact a local business manager today. We look forward to working with you.
How Invoice Factoring for Renewable Energy Companies Works
How does invoice factoring work for renewable energy companies? What’s the process to submit invoice and receive payment? Take a look at the steps below to understand this process.
- Become a Riviera Client
- Provide your services to your customer
- Send your invoices to Riviera
- Riviera verifies completed work and pays you within 24 hours
Riviera forwards your invoices to your customers who pay us directly, so you don’t have to wait for payment.