Business Solar & Energy Loans
Re-energize your business.
Reduce your costs and carbon footprint
We work to make solar and energy efficiency upgrades more affordable for two reasons: to protect the planet and to help you save money in the long run. No matter what industry you’re in—whether you run a non-profit or oversee a handful of rental units—let’s see if we can cut costs and take care of the environment all at once.
Business Energy Loan
With the Business Energy Loan, you can fund upgrades to your HVAC, lighting, building envelope, refrigeration, or other systems and equipment to improve energy efficiency.
No collateral required
This unique loan doesn’t require you to tie up valuable collateral in order to finance your upgrades.
No need to provide financials
Backed by Efficiency Vermont, this loan does not require financial documents to secure funding.
Current Rates
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Terms Up To1 |
Maximum Loan Amount |
APR As Low As |
|---|---|---|
| Rates effective 10/12/2024 | ||
|
APR = annual percentage rate and reflects the current minimum APR offered. |
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Terms Up To1 3 Years |
Maximum Loan Amount $50,000 |
APR As Low As 5.50% |
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Terms Up To1 5 Years |
Maximum Loan Amount $50,000 |
APR As Low As 6.50% |
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Terms Up To1 10 Years |
Maximum Loan Amount $50,000 |
APR As Low As 7.50% |
Business Solar Loan
Our Business Solar Loan is crafted to achieve one key goal—lower your solar financing costs, allowing you to lessen your business’s environmental footprint and reap energy cost savings for years to come.
Savings upon savings
With this loan, you can combine the savings on your interest payments and energy bills for the life of your solar system.
Flexible rates and terms
Every solar loan is unique, so your rates and terms will be based on the details of your project, business, and system details.
Reasonable payments
The goal of this loan is to keep your energy costs as low or lower than they have been in the past.
Current rates
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Terms Up To2 |
Maximum Loan Amount |
APR As Low As |
|---|---|---|
| Rates effective 10/12/2024 | ||
|
APR = annual percentage rate and reflects the current minimum APR offered. |
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Terms Up To2 12 Years |
Maximum Loan Amount Varies by project |
APR As Low As 7.75% |
How can you apply?
Eligibility is determined individually for businesses based in Vermont or New Hampshire. To apply, please consult with one of our business loan officers.
Apply for a solar or energy loan
Start the application process here by reaching out to Efficiency Vermont for a Business Energy Loan or to one of our business loan officers for a Solar Loan.
Disclosures
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Payment example: $30,000 loan for 36 months at 5.50% APR will have a monthly payment of $905.88. A $30,000 loan for 60 months at 6.50% APR will have a monthly payment of $586.98. A $30,000 loan for 120 months at 7.50% APR will have a monthly payment of $356.11.
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- 2.
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Payment example: a $30,000 loan for 180 months at 6.75% APR will have a monthly payment of $265.47.
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