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Finance Product Details

Green Business Loan
Lender: Green Business Loan
Product Description
Green Business Loans offers qualified property owners financing to complete energy projects and repay the loan via their PG&E utility bill. The loan is offered by River City Bank in collaboration with Marin Clean Energy.
Miscellaneous Information
Applicants must participate in a utility incentive program in order to qualify.
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Verified by Lender on: 9/27/2016
The data provided is for informational purposes only. For actual loan terms specific to borrowers, contact the lender directly.
Property Types
Sponsor:
Marin Clean Energy
Financing Type
Secured
Financing & Payment Information
Rate (APR):
4% - 6%
Term (years):
5, 10 years
Minimum Amount:
$10,000
Maximum Amount:
$265,000
Fees:
One-time fees
Down Pmt. Required:
No
Re-pmt. Method:
On-bill repayment
Pmt Frequency:
Monthly
Pre-pmt Penalty:
No
Allowable Projects
Funds Energy Efficiency projects
Funds other energy projects
30% of the loan can be used for the home project of your choice.
Funds other energy-related projects
30% of the loan can be used for the home project of your choice.
Funds other non-energy projects
30% of the loan can be used for the home project of your choice.
Other Program Requirements
Financing Approval Time
More than 48 hours
Equity in Property Needed
Yes

Other Products By This Lender

Lender: River City Bank