Envision Solar Announces Fast and Easy Financing Now Available for Its Products

SAN DIEGO, CALIF. – Nov. 1, 2016 – Envision Solar International, Inc., (OTCQB: EVSI) (“Envision Solar,” or “the company”), the leading renewable energy, media and branding and EV charging product company, announced that it is now offering easy, low-cost financing solutions for its solar-powered products.

Envision Solar now provides innovative leasing and financing programs to its customers through Lease Corporation of America, a financing institution in business since 1988. The new financing options include 36 to 72-month terms and low-interest rates that deliver fast, cost-effective opportunities for capital constrained customers to take advantage of the many benefits delivered by Envision’s suite of solar-powered EV charging, media and energy security products.

The company’s products already save customers money on installation and energy costs, and can now be acquired for low monthly payments. Customers who use the financing options will still be eligible for federal and state tax incentives, which can reduce total out-of-pocket costs by as much as 58 percent.

“We know that capital management is highly important to our customers,” said Desmond Wheatley, CEO of Envision Solar. “This simple, low-interest financing program means that it’s easier than ever to save money and time on installations of EV charging stations by financing an Envision Solar EV ARC™ or Solar Tree®.”

EV ARC™ and Solar Tree® products are manufactured in the company’s new San Diego facility by combat veterans, the disabled, minorities and other highly talented, mission-driven team members. Customers can access the new financing programs at www.envisionsolar.com/ev-arc and www.envisionsolar.com/solar-tree.

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About Envision Solar International, Inc.

Envision Solar designs, manufactures and deploys unique, renewably energized, EV charging and media and branding systems. The Company’s products include the patented EV ARC™ and Solar Tree® product lines. All of the Company’s products can be enhanced with EnvisionTrak™ patented solar tracking, ARC Technology™ energy storage, SunCharge™ Electric Vehicle Charging Stations and digital advertising packages.

Based in San Diego, the company integrates the highest quality components into its Made in America products. Envision Solar is listed on the OTC Bulletin Board under the symbol [EVSI]. For more information, visit www.envisionsolar.com or call 866-746-0514.

About Lease Corporation of America 

LCA is a full-service financing company specializing in technology and industrial equipment financing. LCA offers a multitude of leasing programs that allow companies to obtain the equipment they need now and pay for it over a fixed amount of time, freeing up working capital and credit lines. Based in Troy, Michigan, LCA has serviced the needs of its vendors, customers and brokers since its formation in 1988. LCA keeps pace with the ever-changing economy by developing innovative financing programs, professional marketing support and easy-to-use leasing tools for its clients. LCA is one of the largest independently owned leasing companies in the United States. For more information, please visit www.leasecorp.com.

Forward-Looking Statements

This press release may contain forward-looking statements regarding future events or our expected future results that are subject to inherent risks and uncertainties. All statements in this report other than statements of historical facts are forward-looking statements. Forward-looking statements are generally accompanied by terms or phrases such as “estimate,” “project,” “predict,” “believe,” “expect,” “anticipate,” “target,” “plan,” “intend,” “seek,” “goal,” “will,” “should,” “may,” or other words and similar expressions that convey the uncertainty of future events or results. Statements contemplating or making assumptions regarding actual or potential sales, market size and demand, prospective business contracts, customer orders, trends or operating results also constitute forward-looking statements. Our actual results may differ substantially from those indicated in forward-looking statements because our business is subject to significant economic, competitive, regulatory, business and industry risks that are difficult to predict and many of which are beyond our control. Our operating results, financial condition and business performance may be adversely affected by a general decline in the economy, unavailability of capital or financing for our prospective customers to purchase products and services from us, competition, changes in regulations, a decline in the demand for solar energy, a lack of profitability, a decline in our stock price, and other risks. We may not have adequate capital, financing or cash flow to sustain our business or implement our business plans. Current results and trends are not necessarily indicative of future results that we may achieve.