Clean Economy Fund
Is your business helping reduce carbon emissions? You may qualify for financing.
Our Clean Economy Fund offers low-cost financing at competitive interest rates for electrification, decarbonization and energy efficiency upgrades.
The Fund’s benefits are twofold: we offer loans for small business owners to make improvements to their commercial buildings, and we provide working capital and equipment financing to small businesses that work in the sustainability and green energy fields.
If your business falls into one of these categories, you may qualify for financing through the Fund.
- Clean energy and electrification contractors (solar, HVAC/heat pumps, electrical upgrades, EV charger installation)
- Energy efficiency and building performance services (audits, insulation, retrofits, lighting upgrades)
- General contractors and home improvement businesses
- EV and clean transportation businesses (charging infrastructure, fleet electrification, e-mobility services)
- Waste reduction and circular economy businesses (recycling, composting, material reuse)
- Green landscaping and climate-resilient outdoor services (tree planting, stormwater management, sustainable landscaping)
- Appliance installation, repair, and home electrification services
- Environmental and sustainability consulting or technical service providers
Thanks to support from the Black Renaissance Fund, we have loan capital available to fund a variety of energy efficiency projects and to support small businesses in the sustainability field.
Commercial Solar & Building Decarbonization Projects
- Commercial or nonprofit solar PV installations
- Battery storage systems
- Electrical upgrades related to electrification
- Heat pumps and HVAC electrification
- Energy efficiency retrofits
- Roof replacements directly related to solar installation
- EV charging infrastructure
Small Businesses in the Sustainability Field
- Working capital
- Equipment and tools
- Vehicles used for clean energy or decarbonization services
- Inventory and materials
- Software and technology
- Leasehold improvements
- Refinance of high-cost business debt related to decarbonization activities
Details
- Amount: $5,000-$500,000
- Terms: Use of funds/ Max term
- Interest: Competitive rates
- For commercial property owners installing solar or decarbonization upgrades; tenant businesses with landlord consent for installations; and small businesses whose services or products support decarbonization, clean energy or emissions reduction
Interested in applying for a loan?
We’re here to help. Contact the Nectar Small Business Team to learn more.
