SBA Loan Program for Solar Energy and Conservation Enterprises

The SBA loan program for solar energy and conservation enterprises offers several different loans focused on solar sponsored by the Small Business Administration, or SBA. These loans can help your business go green by helping the environment while also helping your business actually pocket some green and save money on energy expenses.

Energy Conservation Loan

The Energy Conservation Loan is designed for businesses that design, manufacture, distribute, market, install, or service products or techniques that help conserve energy. This loan is designed to help these businesses function smoothly and become more successful.

Pollution Control Loan

The Pollution Control Loan is designed to help small businesses develop and install pollution control facilities that prevent, lessen, or control any type of pollution.

SBA 7(a) and 504 Loan Programs

Additionally, small businesses may use any of the SBA's 7(a) or 504 Loan Programs to fund renovations or changes that will make your business more eco-friendly. This small business loan could be used to make your business more energy efficient by using low-energy appliances, switch company cars to hybrids, increasing the insulation on your building, or harnessing wind or solar power. Making such changes will not only save you money in the long run but will help the environment as well. SBA loan amounts vary but you could be awarded as much as $4 million dollars depending on your proposal, type of business, and other relevant factors.