Exclusive Financial Offerings for Channel Partners by Tesla & Sunlight
Explore the confidential partnership launch details, solar roof product structure, loan products, pricing, and how to quote using the payment calculator. Learn about running a credit application for the Solar Roof project. Discover the intricate details of the financial offerings specifically designed for channel partners.
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STRICTLY CONFIDENTIAL NOT FOR DISTRIBUTION Tesla & Sunlight Financial Offering for Channel Partners
Partnership Launch CONFIDENTIAL - DO NOT DISTRIBUTE
Solar Roof Product Structure No percentage cap on amount of the project that can be non-solar If Battery no PPW cap If no Battery - $20/watt cap No loan transfers allowed Fixed interest rate Instant Approval of $10K - $100K Traditional loan amortization Optional re-amortization at month 18 Keep tax credit: payment stays the same Rest of Loan Term Payment 1 (60 days after install) Installation Payment 17 Payment 18 Use tax credit to pay back X% of the loan: Payment lowers at month 18 X% CONFIDENTIAL - DO NOT DISTRIBUTE
Loan Products and Pricing SolarRoof, SolarRoof + Powerwall Loans Dealer Fee (80/20) 12.50% Dealer Fee (100/0) 13.00% Term APR 10 year 2.99% 10 year 3.99% 9.00% 9.50% 10 year 4.99% 7.00% 7.50% 10 year 5.99% 4.00% 4.50% 20 year 4.99% 11.50% 12.00% 20 year 5.99% 7.00% 7.50% 20 year 6.99% 3.00% 3.50% *Increase dealer fee by 0.50% for FL, increase dealer fee by 1.00% for PA. CONFIDENTIAL - DO NOT DISTRIBUTE
How to Quote Using the Payment Calculator The payment calculator allows you to show hypothetical voluntary payments and how they affect the 18-month reamortization. Initial monthly payment on the loan will assume the customer makes no voluntary payment in the first 18 months of the loan CONFIDENTIAL - DO NOT DISTRIBUTE
Running a Credit Application Enter the Non-Solar Loan Amount prior to the credit application This is an amount shown on the loan agreement to strengthen our UCC-1 filing since the Solar Roof is a new asset CONFIDENTIAL - DO NOT DISTRIBUTE