The lenders and loan programs listed below for business/building owners, property managers, or landlords can help you finance energy improvements to your property. If you own low-income or affordable housing, go here for additional financing options.
Financial Assistance Details:
Eversource
com
Are You a Resident of a Multi-Family Facility With Five or More Units?
Refer your building owner or property manager to this this page, or have them call Mass Save at 800-594-7277 to learn more.
Click here to see the Mass Save® Approved List of Lending Institutions: Century Bank offers secured and unsecured loans to businesses and non-profits. Their standard loans range from $5,000-$25,000 and their large loans range from $25,000-$500,000. Call or stop into one of their branches to learn more. Contact Information East Cambridge Savings Bank offers secured and unsecured loans to businesses and non-profits. Their standard loans range from $5,000-$25,000 and their large loans range from $25,000-$500,000. Call or stop into one of their branches to learn more. Contact Information Bank Five offers secured and unsecured loans to businesses and non-profits. Their standard loans range from $5,000-$25,000 and their large loans range from $25,000-$500,000. Call or stop into one of their branches to learn more. Contact Information Homefield Credit Union offers secured and unsecured loans to businesses and non-profits. Their standard loans range from $5,000-$25,000 and their large loans range from $25,000-$75,000. Call or stop into one of their branches to learn more. Contact Information
Website: Century Bank
Phone: 781-393-6058
Cambridge Office: 2309 Massachusetts Avenue
Website: East Cambridge Savings Bank
Phone: 617-551-2420
Main Office: 292 Cambridge Street
Inman Square Office: 1310 Cambridge Street
Mass Ave Office: 2067 Massachusetts Avenue
Website: Bank Five
Phone: 774-888-6100
Woburn Lending Office: 400 Tradecenter Drive
Website: Homefield Credit Union
Phone: 508-839-5493
North Grafton Office: 86 Worcester St
Click here to see Other Financing Options: Accion offers small business loans for both green businesses and energy efficiency projects. Contact Information BlueHub Loan Fund provides financing for affordable housing, education, healthcare and economic and environmental vitality. Contact Information Bostonia provides capital for energy efficiency, resiliency and generation infrastructure for commercial and industrial applications. Contact Information
Website: Accion
Phone: (866) 245-0783
Website: Blue Loan Fund
Phone: 617-427-8600
Website: Bostonia
Phone: (617) 437-0150
For more information, see this Mass Save guide.
Green Condo Lending
Cambridge Energy Alliance has reached out to financial institutions to identify lenders that are interested in supporting condo associations as they conduct energy improvements. These banks are ready to offer association loans for building upgrades, providing a way for condos to avoid taking out a special assessment or dipping into reserves. Click to read more about these banks and the options available.
Mass Solar Loan
The Massachusetts Solar Loan Program enables low-interest, fixed-rate loans to support solar installation. Typical offerings include loans of up to $35,000 for 10-year terms.
L.E.A.N. MultiFamily Energy Upgrades
LEAN enables multi-family building owners and operators of low income and affordable housing to upgrade to the most efficient HVAC, lighting systems. Applicants can manage the project from start to finish. Contractors are paid, through utility funded grants, for all effective measures, providing residents free energy efficient upgrades.
Blue Hub Loan Fund
Blue Hub Loan Fund provides financing for affordable housing, education, healthcare and economic and environmental vitality.
Blue Hub Fund Finances a broad range of projects: