Types of measures financed
- Energy efficiency and demand response
- Clean energy (solar + battery storage, EV charging, and more)
- Nonenergy improvements
Eligibility
- 3-year minimum time in business
- Property owners and CRE investors eligible
- No cannabis industry, adult entertainment, money services, bars or liquor services
Expedited process
—Features
- Interest rate equal to 10-year Treasury note + 3%
- Terms out to 10 years
- Financing includes non-energy measures
- Flexibility to finance a simple replacement or comprehensive building upgrade
Fees
- .5% for loans up to $250k; 1% for $251k – $350k
- ~$830 for credit reports, UCC filings, loan documentation