Client:

Solynta

Country:

Nigeria

Year:

2018 – ongoing

Description:

In 2018, GreenMax was retained by Solynta to help develop and implement a capital raising strategy to support the company’s growth. GreenMax has worked to improve the Solynta’s business model to include Lease-to-Own and Zero-Money-Down options, develop the financial model, negotiate a restructuring of past loans and revamp financial management to better prepare the company for equity and debt financing. In 2019, a $625K interim facility was arranged with the clean energy crowdfunder, Trine. In 2020, GreenMax established consumer financing partnerships for Solynta customers with Standard Bank and Sterling Bank.