NRG

Our Story

Are you waiting for payment on a utility company rebate?

You are not alone. Rebates have been expanding business for electricians, plumbers, HVAC specialists, and lighting installers across the nation. In many cases, 30% or more of the total payments collected on energy-saving renovations and retrofits are paid directly by the utility company.

This is great, except when it means you have to wait days, weeks, or even months for your money. You try to keep working, but unpaid rebates keep piling up. That means you can’t afford to buy more inventory or pay your employees. That means you can’t afford to bid on every job. That means you can’t afford to bid on larger projects.

The truth is, you can’t afford to wait for a rebate.

Our company was founded by people with more than three decades of experience financing residential and commercial construction projects. We didn’t create NRG for ourselves, we created NRG for our customers. Because when our customers had a problem with waiting for rebates, they trusted us to find a solution.

Since then our company has evolved to offer a series of world-class financial products designed specifically to help our customers. We know that credit cards and small-business lines of credit are limited, which is why we offer uncapped financing solutions that grow automatically with your business. We even offer purchase order financing, so you’ll always have the flexibility to bid on the next contract.

And, of course, with NRG you’ll never wait for a rebate.

Our Services

Our financial products can be used for any non-residential project. Projects for Home Owners Associations (HOAs) or multi-family rental properties do qualify for NRG financing. Projects financed with NRG do not have to qualify for a utility company rebate.

• Lease

  The incredibly flexible NRG Lease will cover 100% of the purchase order, provides the flexibility of periodic draws, and pays 100% of your peripheral costs (e.g. flooring, drywall, roofing). When you finish the job, you receive all of your money (including the rebate) by the next full business day. All this comes at no cost to you, and lets you offer your customer a low monthly payment that allows them to retain their capital!

• Purchase Orders

  With NRG Purchase Order Financing you can make stand-alone purchase orders worth up to 60% of a project’s total invoice. Once the job is done, our purchase order financing converts automatically to invoice financing. This means you’ll automatically have fast access to more money.

• Invoices & Rebates

  NRG Invoice Financing automatically advances 85% of a completed project’s total invoice to you. Of course, that’s including the rebate and peripheral costs.

Applying for NRG Financing

How do I apply?

Applying for NRG financing takes about ten minutes over the phone. Our team will collect some basic information and will walk you through any required documentation.

How long does approval take?

Once we have your information and documentation a decision can be made in as little as two business days.

Will I get approved?

NRG was designed for people just like you. While some of our customers have long and excellent credit, others have shorter and rockier histories. Our financial products are flexible enough that we can usually offer competitive financing options regardless of your credit history.

Is there an application fee?

Yes. There is a one-time $600 application processing fee.