Technology and investment company SinglePoint (OTCQB: SING) today announced that its
subsidiary has signed the first funding agreement to supply small to medium
commercial outfits with solar financing. According to the update, the agreement
is the first of its kind readily available to finance solar installations for
commercial buildings. Direct Solar now has the capability to, in one seamless
package, supply the contractor for installation and finance the transaction.
“We are beyond excited for the opportunity. We have already hired two new
commercial side managers to lead the teams in their sales efforts,” Direct
Solar CEO Pablo Diaz said in the news release. “We have a pipeline of interested
businesses that we now have the ability to finance. We have yet to find a
solution like ours that we have now signed off on and we believe it will add a
significant amount of opportunities and deals to our business. Opening up the
commercial side of our operations increases the amount of potential contracts
for us to close in the space. It is a completely untapped market in my opinion
with a high chance for major success.”
To view the full press release, visit http://ibn.fm/Jctpg
About SinglePoint Inc.
SinglePoint Inc. is a technology and investment company with
a focus on acquiring companies that will benefit from the injection of growth
capital and technology integration. The company portfolio includes mobile
payments, ancillary cannabis services and blockchain solutions. Through
acquisitions into horizontal markets, SinglePoint is building its portfolio by
acquiring an interest in undervalued companies, thereby providing a rich,
diversified holding base. Through SingleSeed, the company is providing products and services
to the cannabis industry. For more information, visit the company’s website
at www.SinglePoint.com.
NOTE TO INVESTORS: The latest news and updates
relating to SING are available in the company’s newsroom at http://ibn.fm/SING
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