Sea Star FlexPay™ Solar Financing Plan
Power Today. Pay Comfortably.
About Sea Star FlexPay™
Sea Star FlexPay™ is the solar financing programme of Sea Star Solar Enterprise, designed to make quality solar energy affordable through flexible payment solutions.
The programme brings together customers, Sea Star Solar Enterprise, and financing partners — including commercial banks, microfinance banks, cooperative societies, development finance institutions, impact investors, and other approved funding partners — to provide structured financing for residential, commercial, and industrial solar projects.
Under Sea Star FlexPay™, Sea Star Solar Enterprise is responsible for the design, engineering, procurement, installation, commissioning, and maintenance of the solar energy system, while approved financing partners may provide the funding required for eligible customers.
This collaborative model enables customers to enjoy reliable electricity immediately while repaying the cost of their solar system over an agreed period through affordable installments — removing the financial barriers to solar adoption.
Why choose Sea Star FlexPay™?
Who can apply?
Sea Star FlexPay™ is available to qualified:
Choose the plan that fits you
Bronze Plan
Suitable for residential systems valued at up to ₦2,000,000.
- Maximum System Value
- ₦2,500,000
- Customer Deposit
- 50%
- Balance Payment
- Up to 3 Months
- Processing Fee
- 2%
Silver Plan
Suitable for medium-sized residential installations.
- Maximum System Value
- ₦5,000,000
- Customer Deposit
- 45%
- Balance Payment
- Up to 6 Months
- Processing Fee
- 5%
Gold Plan
Designed for premium residential solar systems.
- Maximum System Value
- ₦10,000,000
- Customer Deposit
- 40%
- Balance Payment
- Up to 12 Months
- Processing Fee
- 8%
Business FlexPay
Designed for: Hotels, Schools, Hospitals, Churches, Office Buildings, Shopping Malls, Factories, SMEs, Corporate Organizations.
- Deposit
- From 35%
- Repayment Period
- 12–24 Months
- Approval
- Subject to Credit Assessment and Management Approval
Commercial Plus
Suitable for large EPC projects exceeding ₦20 Million.
- Customized repayment plans
- Equipment insurance (where applicable)
- Preventive maintenance support
- Remote monitoring
- Priority technical support
- Dedicated account management
How to apply
The financing process is simple.
- Step 1
Free Energy Audit
- Step 2
Technical Assessment
- Step 3
System Design
- Step 4
Quotation
- Step 5
Financing Application
- Step 6
Credit Assessment
- Step 7
Approval
- Step 8
Deposit Payment
- Step 9
Installation
- Step 10
Monthly Repayment
Required documents
Individual Applicants
- Valid National Identification
- Bank Verification Number (BVN)
- Recent Passport Photograph
- Six (6) Months Bank Statement
- Utility Bill
- Employment Letter or Proof of Business
Corporate Applicants
- CAC Certificate
- MEMART (where applicable)
- Tax Identification Number (TIN)
- Corporate Bank Statement
- Company Profile
- Board Resolution (where applicable)
- Valid Means of Identification of Directors
- Tax Clearance Certificate (where applicable)
Acceptable security
Depending on the project value and financing structure, Sea Star Solar Enterprise may require one or more of the following:
- Personal Guarantee
- Corporate Guarantee
- Guarantor
- Standing Payment Instruction
- Post-Dated Cheques
- Insurance Cover
- Asset Charge or other acceptable security
Early payment benefits
Customers who complete repayment before the agreed maturity date may qualify for:
- Reduced administrative charges
- Maintenance discounts
- Loyalty discounts on future purchases
- Priority consideration for future financing
Hotel energy financing example
Many hotels spend substantial amounts every month on diesel or petrol to generate electricity. Rather than asking a hotel owner to immediately purchase a ₦15 Million solar system, Sea Star Solar Enterprise offers a more practical solution.
Redirect a portion of your existing monthly energy expenses toward owning a solar system. As generator fuel costs reduce, those savings help finance an asset that continues to provide value long after repayment has been completed. FlexPay™ focuses on improving cash flow rather than requiring significant upfront capital.
Current generator fuel cost
Why invest in solar?
With Sea Star FlexPay™, customers benefit from:
Important notice
Sea Star Solar Enterprise is an Engineering, Procurement and Construction (EPC) company specializing in the design, supply, installation, commissioning, and maintenance of solar energy systems.
Sea Star FlexPay™ is a financing programme that may be funded directly by Sea Star Solar Enterprise or through partnerships with licensed commercial banks, microfinance banks, cooperative societies, development finance institutions, impact investors, and other approved financing partners.
All financing applications are subject to technical evaluation, credit assessment, and approval by Sea Star Solar Enterprise and, where applicable, the participating financing partner. The financing terms, repayment structure, and security requirements may vary depending on the funding source, project value, customer profile, and risk assessment.
Contact us
Sea Star FlexPay™ — Power Today. Pay Comfortably.
- 08063888589
- seastarsolar7@mail.com
- starbright-solar-hub.lovable.app
- 1 Capitol Road, Agege, Lagos
Our services
- Solar System Design
- Solar Installation
- Solar Financing
- Energy Audit
- Operations & Maintenance
- Technical Support