SBA 504 Green Loans
UHG can help you secure multiple loans for your business through green loan analysis.
The Small Business Administration (SBA) offers 504 fixed asset loans to entrepreneurs and small businesses looking to secure funding for the purchase of construction of real estate and/or the purchase of business equipment/machinery.
In order to qualify for an SBA Green Loan, which seeks to meet Energy Public Policy Goals an organization must prove it meets the following requirements:
Reduce energy use by at least 10% - Improvements to a building currently occupied by the borrower must show a minimum of 10% reduction to energy usage (compared to historical consumption) through upgrades in equipment such as improved lighting, insulation, HVAC and other energy consuming equipment.
Generate at least 15% renewable energy - The property must have upgrades performed that produce at least 15% renewable energy. Energy that can be produced includes solar, wind, geothermal, hydropower, and biomass.
Sustainable Design - Increased use of sustainable designs, including designs that reduce the use of greenhouse gas emitting fossil fuels or low-impact design to produce buildings that reduce the use of non-renewable resources and minimize environmental impact.
To Learn more and connect with lenders visit: https://sbagreenloans.com/
Level I Energy Consumption Analysis
Analysis of Existing Energy bills and scheduled energy reduction measures which will reduce energy by 15% and need an SBA 504 compliant report.
Level II Energy Audit
Analysis of Existing Energy bills, scheduled energy reduction measures, and recommendations to reduce energy. Option best for organizations which do not know the magnitude of their property improvements and the need a SBA 504 compliant report.
Renewable Energy Analysis
Analysis of energy consumption and proposed Renewable Energy System. Option best for the organizations which have a renewable system picked out and need a SBA 504 compliant report.
Renewable Energy Design
Analysis of energy consumption and design of a Renewable Energy System to meet SBA 504 requirements. Option best for organizations which desire to pursue a renewable system, need help designing the system, and require a SBA 504 report.