Umpqua Bank is expanding its GreenStreet lending program to businesses. The program offers loans for energy efficiency and renewable energy upgrades.
Umpqua Bank is expanding its GreenStreet lending program to businesses. The program offers loans for energy efficiency and renewable energy upgrades.
The two loan types offered are:
The GreenStreet commercial real estate loan is for amounts of $5,000 to $1 million. The term of the loan is up to 15 years, re-amortized every five years and is granted for energy solutions and solar energy.
The GreenStreet business improvement term loan is for amounts of $5,000 to $500,000. The term is up to seven years and the loan is also for energy solutions and solar energy.
Read more at Sustainable Business Oregon.
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