SBA 504 Green Loan

Partner Energy can help borrowers who have maxed out their 504 borrowing ability on previous SBA debentures, do multiple projects. Borrowers who implement energy projects per the green program guidelines can 1) increase their SBA 504 loan amount by up to $500,000 for a total $5.5 million per project limit, or 2) have cumulative debentures outstanding greater than $5 million by achieving green status on each new project. It is not uncommon for active green program borrowers to have over $10 million of SBA debt outstanding across their portfolio.

SBA 504 Green Loan Public Policy Goals

Borrowers can utilize one of three green public policy goals to obtain the green loan benefits

Energy Reduction Goal.
Borrowers relocating, replacing, or renovating an existing facility can demonstrate a 10% reduction in energy usage per square foot on their new facility when compared to the old location. Typically achieved through energy efficiency projects: lighting, HVAC, or envelope improvements.

Energy Generation Goal.
Borrowers can install a renewable energy system that generates at least 10% of their new property’s whole building energy consumption. Typically achieved through renewable energy system technology: solar PV, solar thermal, or ground source heat pumps.

Sustainable Design Goal.*
Borrowers can design and build their facility according to sustainable design standards (typically LEED).

*It should be noted that the third option, Sustainable Design Goal, only provides the borrower with the benefit of waiving the job creation goal. It does not carry the financial benefits of the other goals.

SBA 504 Green Public Policy GoalsPartner Energy will assist the borrower in the designing and estimating an energy reduction or renewable power generation project that meets new SBA 504 public policy goals and just as importantly, your business goals.

Supporting the loan approval process by providing engineering analysis and documentation, certified by a professional engineer, stating that your project meets the green public policy goal requirements.

Additionally, Partner Energy will assist in bid procurement and implementation support of the energy reduction or renewable power generation project once your loan has been approved.

Partner Energy helps you to make informed decisions on how to execute energy reduction and renewable energy generation projects that qualify for additional SBA 504 Green Loan proceeds and meet your business goals.

Our team of experienced Professional Engineers, Certified Energy Managers, LEED Accredited Professionals, and project managers can recommend, design, and implement the following energy reduction and power generation projects:

  • Solar Panel Installations
  • Lighting Upgrades
  • HVAC Mechanical System Maintenance and Upgrades
  • Building Automation and Control Enhancements
  • Building Envelope Improvements
  • Featured Sustainability Projects

View the below Webinar for a comprehensive explanation of the SBA Green Public Policy Goals.

For more information please contact us at sales@ptrenergy.com or 888.826.1216

Partner Energy Thought LeadershipSBA 504 Loan Program: Using LEED to Qualify for Funding