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.