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First Circle makes solar power accessible for SMEs in the Philippines with zero upfront costs and lower energy bills | Markup #1181

June 4, 2025 · 1 min read
Photo credit: First Circle

A Powerful Idea

  • With electricity bills on the rise, more businesses are making the smart switch to solar energy to cut costs and gain control over their electricity use.
  • Thanks to a partnership between 500-backed First Circle and multiple solar installers, everything from permits to installation and even insurance is taken care of, so businesses can start generating their own power from rooftop solar panels without high upfront costs.
  • With fixed low monthly payments, they’ll own their solar setup in 8 to 12 years and enjoy freedom from unpredictable energy prices for good.
  • First Circle has also introduced a Business Banking Account for small- and medium-sized enterprises (SMEs) with Netbank. The team shares the account offers fee-free and limitless money transfers for SMEs and requires no maintaining balance.
  • “Every product we design is digital, instant and created to move as fast as your business. For the past nine years, our goal has always been the same: to drive economic growth by pairing SMEs with the financial services they deserve,” shared Chris Burgess, Chief Investment Officer at First Circle.
  • Read the full story here.
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