Businesses
Government-funded
$300K
per applicant
Loan
Below-market financing
Rolling
No fixed cutoff
Rolling
Apply when you're ready
Moderate
Underwriting required
Low-interest loans for Alabama small businesses to install energy efficiency improvements, reducing operating costs through HVAC upgrades, lighting, insulation, and industrial process efficiency measures.
Do I qualify?
Answer the questions below for a rules-based self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.
1.Business must have fewer than 100 employees and be located in Alabama
2.Eligible improvements: HVAC, lighting, insulation, motors, compressed air systems
3.Loan amounts: $10,000–$300,000 at 2% fixed interest
4.Must demonstrate minimum 20% energy cost savings from improvements
5.Loan term up to 5 years; equipment must remain in service for term
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NCDOR · North Carolina
Provides state income tax credits for investments in renewable energy equipment and energy efficiency improvements for business properties in North Carolina, stackable with federal ITC.
CDFI Fund · United States
Attracts private investment into low-income communities by allowing investors to receive a 39% federal tax credit over 7 years on investments made through certified Community Development Entities (CDEs).