GreatAmerica Announces Financing for Electric Vehicle Charging Stations

(Tempe, AZ) November 14, 2023 — From the ACDI Solutions Summit, GreatAmerica Financial Services Corporation has announced a program for financing Electric Vehicle Supply Equipment (EVSE). The equipment financing company has already financed over $1M in transactions with this program that offers value-add resellers, technology solution providers, electric vehicle charger manufacturers and installers a simple method for offering a single fixed monthly payment to their customers. GreatAmerica can finance the electric vehicle (EV) charger device, along with the associated costs with placing the EV stations in the ground, including the infrastructure, software services, warranty, installation, and site work.  

GreatAmerica is taking note of the popularity of battery electric vehicles over the past few years as well as the strong continued projected growth. According to EVAdoption, new electric vehicle sales in the US should grow to reach approximately 29.5% of all new car sales by 2030.  ACDI recognized this growth trend and announced ACDI Energy Services last year, offering EV charging hardware and installation services to equipment resellers. 

Cars can now refuel wherever they are parked, instead of going to a fuel station. This is a significant change and opens the opportunity for providers to place charger stations anywhere from multi-family lots to office parks.  

To learn more about the GreatAmerica EVSE financing program, visit https://www.greatamerica.com/energy-equipment-financing