Climate First Bank Now Offers Solar Home & Commercial Loans

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In line with its core mission of reversing the global climate crisis, the values-based community bank Climate First Bank presented its solar energy lending programs with a particular focus on residential and commercial use.

Climate First Bank’s solar lending programs are competitive and transparent with minimal closing fees. The Solar Home Loan Program offers three funding levels from 4.08% per annum ** for 12 years. The Solar Commercial Lending Program offers flexible terms and structure as Climate First Bank understands funding is unique to the needs of each business. Enhanced by state-of-the-art technology, the bank also provides businesses with an accelerated approval process.

“Climate First Bank is committed to helping residents and businesses move towards sustainable solar energy. With transparent and transparent financing, we make investments simple, financially secure, ”said Valari Nussbaum-Harris, Executive Vice President, Tampa Bay Market Leader and Executive Director of Government Guarantee. As a knowledgeable lending professional, Nussbaum-Harris applied her experience to the development of loan products.

“There are no gimmicks, no surprise installer fees, no bait and no switch – Climate First Bank offers one of the most competitive programs in the country,” said Ken LaRoy, founder and CEO of Climate First Bank. LaRoy has extensive experience with individual solar loan options and led the prototype programs at his previous bank, First GREEN Bank, before being sold.

Solar energy lending programs align with Climate First Bank’s mission to achieve “reductions” or lower levels of carbon dioxide in the atmosphere. Maintaining high standards of sustainability, Climate First Bank is committed to carbon neutrality from day one.

** Annual Interest Rate (“Annual Interest Rate”) current as of June 17, 2021. The loan is subject to loan approval. Annual interest rate, number and amount of payments are based on the approximate loan amount of US $ 30,000 for the specified loan term: 12-year maturity – 4 payments of interest only, followed by 14 payments of US $ 268.40; 15-year term – payments of only 4 percent, followed by 176 payments of $ 239.36;
20 year term – payments with only 4 percent, followed by 236 payments totaling $ 198.67.

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