Have you made the decision to place a solar investment with Wunder? If so, that’s great! Consider the hard part done, because Wunder’s investment process in simple, straightforward, and entirely online.
When you’re ready to place an investment with Wunder, you’ll need to create a Wunder account or log in to an existing one. Before you start the process, it’s worth double-checking to make sure that you meet Wunder’s eligibility requirements (you need to qualify as an accredited investor, be a U.S. taxpayer, and have a U.S. bank account).
Step 1: Once you have logged in, navigate to the “Invest” tab, select the Fund that you are interested in, and click on the blue “Invest” button to start the process.
Step 2: You will be asked who will be submitting this investment. Your options will be:
- Individual Investor - Select this option if you or you and your spouse are investing, and if you are using a personal bank account to invest. The investment will be place in your name(s), as will the associated tax documentation.
- Self-Directed IRA Investor - Wunder has partnered with STRATA Trust Company to enable tax-advantaged investments through self-directed IRA’s. See here for more information. Select this if you are investing through your STRATA account.
- Company Investor - At this time, Wunder can support investments from an LLC, provided that it is considered a “disregarded entity”. An LLC is a disregarded entity for tax purposes if you report tax information to the IRS on your personal tax return.
- Trust Investor - Currently, Wunder can facilitate investments through any revocable trusts that are considered “disregarded entities”. A Trust is a disregarded entity for tax purposes if you report tax information to the IRS using your social security number rather than an EIN or TIN.
Step 3: Once you have chosen who (or what) is investing, you need to tell us how much capital you want to invest. When you enter an amount, a projected monthly return will be shown so that you have a better sense for what the investment’s target returns are expected to be.
Step 4: Next, you will be prompted to verify that you or the investing entity qualifies as an accredited investor. To learn more about the accreditation verification process, and what documentation is appropriate for these purposes, click here.
If you choose to upload documents, you are welcome to add as many as needed to demonstrate that you meet the accreditation requirements. If you would like to have a trusted 3rd-party attest to your status as an accredited investor, you can choose to either upload a signed letter or provide your 3rd-party’s contact info so that we can collect it from them.
Step 5: After you have verified your accreditation status, you will need to provide some personal information. This information will be used for a couple of purposes, including the verification that money is not being laundered and for the preparation of your tax documentation.
Step 6: You will need to connect your bank account, which will be used to withdraw your investment principal and deposit your monthly returns. Click here for more information about setting up a bank account, and/or changing an account after an investment has been made.
Step 7: After you have connected a bank account, you will reach a confirmation screen displaying your investment information. Please take time to review all of the information and ensure that everything is correct. If you find that something is incorrect, you can use the blue “Back” button to navigate back to the appropriate step and edit the information.
Step 8: You will need to sign and submit your investment. To start, please review the investment agreements. After you have read the documents, you can electronically sign them by simply checking the boxes next to the respective documents and clicking the blue “Sign and Submit” button.
Congratulations! You’re now a solar investor!