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New Loan Helps Local Businesses Make Affordable Efficiency Upgrades

Posted on: Jul-23-2015

Fort Collins Utilities now offers loans to small commercial building owners for energy and water efficiency upgrades, including solar PV.
The Business Efficiency Loan Program features no-money-down financing for up to 20 years, including a low 2.5 percent fixed interest rate for 2015.

Program highlights:
• loans from $1,000-$15,000
• 2.5 percent fixed interest rate (2015)
• repayment terms of 5, 7, 10, 15 and 20 years
• easy qualification - only requires good standing with utility bill payments

Eligibility:
• must have an active Fort Collins Utilities water or electric customer account in the name of the individual or legal business entity for the premise
• must be a Fort Collins Utilities water and/or small commercial (E200, E250 rate classes) building owner
• building can have only one electric or water meter
• all upgrades must begin with a pre-approval from Efficiency Works

For more information, visit https://www.fcgov.com/business-financing.




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