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://nnw.fm/87yGW
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://nnw.fm/SING
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