Pathway Lending announces Sustainable Communities Initiative
(EDITOR’S NOTE: The following article appeared in the latest issue of the Pathway Lending newsletter.)
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…]
