Overview
A quick overview of the four financing types on SolarMarket — FI, Hire Purchase, PayGo, and RBF — and which ones are admin-gated versus fully self-service, with links to the screen-by-screen setup guides.
What you will achieve
- Understand the four financing types at a glance: FI, Hire Purchase, PayGo, RBF.
- Know which ones need admin approval first and which are pure self-service.
- Know which detailed guide to open for the screen you are working on.
Step-by-step
- FI (bank/MFI financing) is the only one of the four that is gated: you submit a partnership application, an admin/lender approves it, and only then does the FI toggle become usable on your offers.
- Hire Purchase (HP) is your own in-house instalment plan — a checkbox on the offer form with no approval step; you configure the schedule yourself and it goes live the moment you save.
- PayGo is a metered pay-as-you-go collection model, also self-service on the offer form, with no approval step.
- RBF (Revenue-Based Financing — subsidy programmes like UECCC or EASP) is admin-linked: an admin approves your shop for a specific plan, and you enter the subsidy amount on the offer.
- Financing eligibility — the partnership-status screen, the approved-programs toggle, and what actually gates FI.
- Applying for FI partnership — every field on the application form, in order.
- Financing on the offer form — the FI toggle, RBF block, PayGo block, and the Hire Purchase schedule editor, field by field.
HP is entirely in your control — a misconfigured hire-purchase schedule goes live on your offer immediately, with no one checking it. FI is the opposite: even with a perfect offer setup, the FI toggle stays disabled until a lender has actually approved your partnership application. Confusing the two — assuming HP needs approval, or assuming FI works like a checkbox — is the single most common financing setup mistake.
Seller checklist
- You know which of the four financing types is gated (FI, RBF) versus self-service (HP, PayGo).
- Your FI partnership application status is checked before assuming FI will work on an offer.
- HP and PayGo schedules are reviewed carefully before saving, since nothing else checks them for you.
Frequently Asked Questions
What is the seller-side difference between FI and HP?
FI requires a lender to approve your partnership application before the toggle works on any offer; HP is your own in-house instalment plan, fully self-service with no approval gate at all.
Do I need approval to offer PayGo or RBF?
PayGo needs no approval — it is a plain checkbox on the offer form. RBF needs an admin to link your shop to a specific approved plan before you can select it.
Does financing approval mean the order will be delivered correctly?
No — approval and fulfillment are separate operational stages. See the fulfillment-side guide for what happens after a financed order is placed.
