Finance Product Details
M-Core Credit Energy Loan
Lender: M-Core Credit Energy Loan
Product Description
M-Core Credit's Energy Loan provides no money down financing for multi-family, commercial and public agency facilities to complete energy upgrades as well as other non-energy improvements.
Verified by Lender on: 9/1/2016 0
The data provided is for informational purposes only. For actual loan terms specific to borrowers, contact the lender directly.
Property Types
Sponsor:
Financing Type
Secured
Financing & Payment Information
Rate (APR):
5% - 6.49%
Term (years):
1 - 7 years
Minimum Amount:
$50,000 +
Maximum Amount:
N/A
Fees:
One-time fees
Down Pmt. Required:
No
Re-pmt. Method:
Off-bill loan (Direct to Lender)
Pmt Frequency:
Monthly
Pre-pmt Penalty:
Yes
Allowable Projects
Funds Energy Efficiency projects
Funds Water Efficiency projects
Funds Renewable Energy projects
Funds Demand Response projects
Funds other energy projects
Process equipment and any energy savings project related work may be financed.
Funds other energy-related projects
Any basic health and safety projects needed to complete the project (a cap on the amount applies) may be financed.
Funds other non-energy projects
Historic restoration, equipment modernization and non-energy related work and equipment may be financed.
Other Program Requirements
Financing Approval Time
More than 48 hours
Equity in Property Needed
Yes
Other Products By This Lender
Lender: M-Core Credit Corporation
Website: http://m-corecredit.com/municipal/
Contact Email: info@m-corecredit.com
Contact Phone: (845) 369-8777