Freedom Solar Financial Services LLC, which describes itself as, "the first solar financial vehicle of its kind in Texas," has raised an initial round of $7.5 million in funding to finance commercial solar projects.

"Financing through Freedom allows companies to finance up to 70 percent of the cost of an entire solar installation and ensures that an investment in solar is cash-flow positive from day one. The company offers a simple one-page application and a rapid one-week underwriting process," the company said

Freedom Solar Power offers turnkey solar installations in Texas, for residential and commercial markets. Freedom Solar has installed more than 45 megawatts of solar panels since it was founded in 2007

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