Green Lending
Committed to Environmental Sustainability
Banks and investors collectively have immense power. By guiding our resources toward green initiatives, we can mitigate the effects of the climate crisis and heal the planet.
At Beneficial State Bank, we use our lending power to fund clean, renewable energy as well as the environmental sustainability sector more broadly. Our clients include environmental advocates, eco-friendly producers, green building professionals, conservation groups, and environmental education programs. Renewable energy investments continue providing community benefits long after the loan is paid off.
Green Lending Program for Commercial Real Estate
Through Beneficial State Bank’s Green Lending Program, you can finance both existing and new apartment buildings, affordable housing, and commercial real estate. We also finance owner-occupied commercial properties that integrate energy and water efficiency into their design. Projects must be green building certified with one or more approved certifications.
Specially designed terms, high touch service
- LTV ratio up to 80% and LTC ratio up to 85% for Green Building Certified real estate properties
- Loan amortization of up to 35 years for multifamily properties and up to 30 years for other commercial properties
- Competitive fixed rates
- Efficient underwriting and closing
- Construction lending may be available
Earth Services Team
Environmental impact has been central to our mission since our founding in 2007. In 2019, we formed our Earth Services team to advance our existing environmental lending practice. Our team is passionate about finding financing solutions that help our commercial banking clients and mitigate the impacts of climate change. We have an important role to play in providing loans that finance clean energy projects, net-zero building construction, and environmentally focused nonprofit organizations.
List of Approved Certifications
- International Living Future Institute
- Core Green Building certification
- Living Building Challenge
- US Green Building Council
- LEED Building Design and Construction
- Earth Advantage
- Green Building Initiative
- Green Globes Multifamily Performance Plus for New and Existing Buildings
- Passive House Institute US
- Phius and Phius +
- Certified Passive House
- Build It Green
- Built It Green New Home Multifamily Certification
- Enterprise Community Partners
- Enterprise Green Communities Criteria
- Home Innovation Research Labs
- U.S. EPA – Energy Star Certified Multifamily
To learn more about our Green Lending Program and other banking services, reach out to us.
Spotlight on Environmental Sustainability
Banks have immense power to guide the resources we use. We are proud to provide banking services and lending to support the environment and renewable energy.
