Commercial solar projects often face a funding gap between early development and the point at which long-term project finance or offtake-backed facilities become available. Bridging finance can fill that gap when structured around clear construction and grid milestones.
Typical Uses
- Land or leasehold acquisition ahead of construction
- Procurement and installation of panels and balance-of-system
- Grid connection costs and deposits
- Working capital during commissioning
What Lenders Focus On
Security over the project assets, clarity of planning and grid status, and a credible path to longer-term funding or sale are central. Experience of the developer and the quality of the EPC and offtake arrangements also weigh heavily.
Well-prepared applications that map the capital need to specific milestones tend to progress more smoothly. Specialist lenders familiar with solar project cycles can often assess these factors more efficiently than generalist institutions.