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Financing

Our Key Account Executives can work with you to determine whether your project is eligible for financing through Wright-Hennepin.

Options and Terms:

A fixed simple interest rate will be determined at time of loan disbursement. The following are term options:

• $2,000.00 maximum up to 24 months
• $3,000.00 maximum up to 36 months
• $4,000.00 maximum up to 48 months
• $7,000.00 maximum up to 60 months
• $15,000.00 maximum up to 84 months

Eligibility and conditions:

• Customer must meet credit requirements.
• Customer must be purchasing electricity from Wright-Hennepin or be under contract agreement to do so in the future.
• Monthly loan payment will be added to the customer's monthly bill for service. Partial payments will be applied to the loan first, then applied to other services.
• Funds will be issued as two party checks, after proof of purchase/installation has been demonstrated. Proof includes actual receipts or invoices. Proof of purchase may also be a quote from a vendor, in which case funds will be issued in the customer's and vendor's name.
• If customer is a renter/leasee, the note must be co-signed by the owner and the loan term must not exceed the rent/lease expiration date.
• Business loans must be signed by the owner/officer of the business (excludes real estate developers).
• By agreement, upon termination of energy services or upon sale of property, unpaid balance of loan plus accumulated interest will be due.