Details | SAFE-BIDCO Energy Efficiency Loans


Funder

 

State Assistance Fund for Enterprise, Business, and Industrial Development Corporation

Implementer

 

State Assistance Fund for Enterprise, Business, and Industrial Development Corporation

Description

 

SAFE-BIDCO offers Energy Efficiency Loans for California small businesses, qualifying landlords, and non-profit organizations that meet SBA size standards. Each project submitted must have an analysis of its energy impact. In some cases, loans may be combined with other financing. If a loan is approved, loan funds can be used for up to 100% of net (after rebates, discounts or other incentives) project expenses, as well as energy studies, design and consultant fees, materials and equipment costs, and loan fees.

Funding guidance

 

Applications open

 

None

Applications close

 

None

Type

 

Secured Loan

Category

 

Financing

Territory

 

California

Applicant type

 

For Profit  |  Non Profit

Project

 

New Addition to an Existing Building  |  Production Process Improvement  |  Rehabilitation of Existing Whole Building  |  Rehabilitation of Part of an Existing Building  |  Whole New Building Construction

Sector

 

Commercial

Sub-sector

 

Multi Family

Sustainability

 

Energy Efficiency in Buildings  |  Energy Management System  |  Energy Storage  |  Generation Systems  |  Water Use Reduction

Additional website

 

Small business

 

True

Disadvantaged communities

 

False

Cost sharing amount

 

None

Cost sharing percent

 

None

Cost sharing note

 

Minimum repayment years

 

None

Maximum repayment years

 

15

Interest rate comment

 

Fixed

Incentive