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IL
Illinois Climate Bank — State Small Business Credit Initiative (SSBCI) Clean Energy Loans
Low-interest loans from $25,000 to $2 million for small businesses undertaking clean energy and climate-related projects, with interest rates of 1% or 2% flat per annum and maximum 7-year terms.
About this program
Visit the program website for full details.
Eligibility
Illinois small businesses undertaking clean energy or climate-related projects. Administered through the Illinois Finance Authority's Climate Bank.
Requirements
- Must be an Illinois small business
- Project must involve clean energy or climate-related activities
- Minimum loan: $25,000; Maximum loan: $2,000,000