July 19, 2021
First climate bank unveiled new loan programs for solar energy with a particular focus on residential and commercial uses. Climate First Bank’s solar energy loan programs are competitive and fully transparent with minimal closing costs.
The residential solar loan program offers three levels of financing starting at an APR rate of 4.08% for 12 years. The commercial solar loan program offers a flexible term and structure, as the Climate First Bank understands that financing is unique to the needs of each business. Enriched with the most modern technologies, the bank also offers companies an accelerated approval process.
“Climate First Bank is committed to helping residents and businesses make the transition to sustainable solar energy. With transparent and easy-to-understand funding, we make investing simple, worry-free and financially sound, ”said Valarie Nussbaum-Harris, Executive Vice President, Tampa Bay Market Manager and Government Guarantee Manager. As a sophisticated credit professional, Nussbaum-Harris applied her expertise to develop loan products.
“There are no traps, no unexpected setup fees, no bait and change – Climate First Bank offers one of the most competitive programs in the country,” said Ken LaRoe, Founder and CEO of Climate First Bank. LaRoe has extensive experience with dedicated solar lending options, having led a prototype of the programs at his former bank, First GREEN Bank, before being sold.
Solar loan programs align with Climate First Bank’s mission to achieve “Draw”Or reduce atmospheric carbon dioxide (CO2) levels. Standing at a high level of sustainability, Climate First Bank is committed to achieving carbon neutrality from day one. By working with the Florida-based nonprofit environmental association, We are neutral, Climate First Bank strives to fully understand, track, reduce and offset its environmental impact and will continue its commitment to eliminate the bank’s carbon footprint as it grows. To date, offsetting the Climate First Bank’s carbon footprint is the equivalent of taking 9.2 cars off the road, replacing 1,603 inefficient light bulbs with LEDs, or planting 699 trees.
Climate First Bank is a signatory member of the Collective commitment Climat B Corp: Net Zero 2030, committing to achieve net zero on all greenhouse gas emissions, whether direct or indirect, by 2030.
Tags: Climate First Bank, commercial