Helping businesses improve energy efficiency
Some energy loan programs focus on single projects like an equipment replacement or a lighting retrofit. With support from the State of Minnesota, the CRF Green Loan for Minnesota Businesses takes a comprehensive look at overall business energy use with an eye toward lowering energy consumption, reducing ongoing expense, and increasing cash flow.
CRF’s Green Loan program pairs expert guidance and energy conservation best practices with financing at more favorable terms than traditional channels. For business owners who need between $20,000 and $300,000 in capital for significant green investments, CRF can help.
The process is simple: work with a resource to conduct an energy assessment, work with the business owner to select energy improvements, and then complete the loan application to begin work.
All loans subject to credit approval
Businesses seeking new solutions for energy efficiency can contact CRF with a summary of the potential project to see if a Green Loan will be a good fit for the business.
Applicants then complete a professional energy audit, analyzing energy efficiency strategies for the business and possible improvements.
CRF and applicant businesses then review the audit findings and prioritize the company’s proposed investment in energy savings.
Upon approval, CRF helps provide financing for long-term energy-saving solutions.