Pathway Lending with the Mayors of Knoxville, Memphis and Shelby County, and Nashville announced the commitment of three $10 Million in loan capital to businesses in each of these municipalities through the Sustainable Communities Initiative.
This first-of-its-kind initiative ensures that more businesses have access to the financial and technical resources they need to implement energy efficiency projects and achieve long-term energy cost savings.
The Sustainable Communities Initiative is based around 4 key steps:
- COMMIT to making energy efficiency a priority at your business;
- CONNECT with the resources you need to get the job done;
- IDENTIFY energy saving projects in your facility; and
- IMPLEMENT projects using available financial incentives & loan programs.
While energy efficiency is often overlooked, its benefits are hard to deny. On average, energy efficiency projects have a 184% return on investment.
With the financial incentives and technical resources brought together in the Sustainable Communities Initiative, the investment is even more attractive.
More information is available at https://www.pathwaylending.org/Loans/Sustainable-Communities.[Read more about the Sustainable Communities Initiative…]