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	<title>In-House Finance Facility for SMEs - newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</title>
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	<title>In-House Finance Facility for SMEs - newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</title>
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		<title>Orb Energy Surpasses ₹300 Crores in Disbursements from its In-House Finance Facility for SMEs to Adopt Solar Energy Solutions</title>
		<link>https://newsmantra.in/orb-energy-surpasses-%e2%82%b9300-crores-in-disbursements-from-its-in-house-finance-facility-for-smes-to-adopt-solar-energy-solutions/</link>
		
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		<pubDate>Tue, 14 Jan 2025 13:02:15 +0000</pubDate>
				<category><![CDATA[Corporate Press Release]]></category>
		<category><![CDATA[Adopt Solar Energy Solutions]]></category>
		<category><![CDATA[In-House Finance Facility for SMEs]]></category>
		<category><![CDATA[Orb Energy]]></category>
		<guid isPermaLink="false">https://newsmantra.in/?p=54235</guid>

					<description><![CDATA[<p>Bengaluru, 14th January 2024: Orb Energy, a vertically integrated solar energy solutions provider, has reached a significant milestone, crossing ₹300 crore in financing disbursements from its unique zero collateral, zero down payment in-house finance facility. This achievement underscores the company’s dedication to addressing the energy challenges faced by Indian enterprises, particularly MSMEs and...</p>
<p>The post <a href="https://newsmantra.in/orb-energy-surpasses-%e2%82%b9300-crores-in-disbursements-from-its-in-house-finance-facility-for-smes-to-adopt-solar-energy-solutions/">Orb Energy Surpasses ₹300 Crores in Disbursements from its In-House Finance Facility for SMEs to Adopt Solar Energy Solutions</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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										<content:encoded><![CDATA[<p><span style="color: #000000; font-family: trebuchet ms, sans-serif;"><b><i>Bengaluru, 14<sup>th </sup>January 2024: </i></b>Orb Energy, a vertically integrated solar energy solutions provider, has reached a significant milestone, crossing ₹300 crore in financing disbursements from its unique zero collateral, zero down payment in-house finance facility. This achievement underscores the company’s dedication to addressing the energy challenges faced by Indian enterprises, particularly MSMEs and SMBs, while enabling them to transition to cost-effective solar energy solutions.</span></p>
<p><span style="color: #000000; font-family: trebuchet ms, sans-serif;">As one of the few players in India managing the entire solar value chain in-house &#8211; from manufacturing and installation to in-house financing &#8211; Orb Energy has built a full-stack of solutions designed to tackle critical pain points for Indian SMEs. High upfront costs have traditionally deterred many SMEs from adopting solar energy. Orb Energy’s accessible financing options have directly addressed this barrier, making solar energy a viable solution for SMEs and SMBs.</span></p>
<p><span style="color: #000000; font-family: trebuchet ms, sans-serif;">Through its innovative financing model, businesses have been able to repay loans with tenures up to 5 years with zero collateral and zero down payment required. Once loans are repaid, clients enjoy decades of free electricity, backed by solar panels that come with a 25-year warranty.</span></p>
<p><span style="color: #000000; font-family: trebuchet ms, sans-serif;">The company’s focus on making solar adoption accessible has driven remarkable growth. To date, Orb Energy has successfully deployed approximately 350 MW of solar PV installations across India, with a particularly strong presence in the south and west regions.</span></p>
<p><span style="color: #000000; font-family: trebuchet ms, sans-serif;">Damian Miller, Co-founder &amp; CEO of Orb Energy, said: “Financing has long been a major roadblock for MSMEs and SMEs in India when it comes to adopting solar energy. At Orb Energy, we’ve tailored our financing solutions to specifically address this challenge, enabling businesses to overcome upfront cost barriers with a zero collateral and zero down payment financial product. By making solar adoption accessible, we are not only helping them transition to cleaner energy but also making their operations more cost-effective and competitive in their respective industries. Over time, the savings from reduced electricity expenses significantly enhances their profitability, creating long-term financial and environmental value.”</span></p>
<p><span style="color: #000000; font-family: trebuchet ms, sans-serif;"><b>Looking ahead, Orb Energy aims to disburse an additional ₹1,000 crore over the next three years, further strengthening its position as the only solar manufacturer with in-house finance for the SME sector.</b> The company is committed to empowering Indian businesses to lower operational costs, embrace sustainability, and contribute to the country’s renewable energy goals.</span></p>
<p>The post <a href="https://newsmantra.in/orb-energy-surpasses-%e2%82%b9300-crores-in-disbursements-from-its-in-house-finance-facility-for-smes-to-adopt-solar-energy-solutions/">Orb Energy Surpasses ₹300 Crores in Disbursements from its In-House Finance Facility for SMEs to Adopt Solar Energy Solutions</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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