An environmental resource for East Tennessee Businesses

Pathway Lending offers more green loans

Last week, Nashville-based Pathway Lending announced a second round of loans through its Energy Efficiency Loan Program.


The second round of applications opened Tuesday and will remain open until all funds from the Energy Efficiency Loan Program are committed.

The program was launched in August with $50 million in funding. During the first round of applications, which closed Nov. 1, the company received more than $25 million in requests.

The program is available to businesses to invest in efficiency-improvement projects in Tennessee facilities.

To be eligible for a loan, a business must have a complete third-party energy audit, assessment or vendor proposal with detailed project energy savings. These energy savings determine the amount and term of the loan and the applicant's ability to repay the loan with those savings.


Complete information and terms are available at Pathway Lending's website, www.pathwaylending.org.

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