Entero Energy Services

70% of the world's electricity is used to light, cool, and heat our buildings. Energy efficiency is clearly one of the defining topics of our new energy economy. Energy efficient buildings, industrial processes and transportation could reduce the world's energy needs in 2050 by one third, and greatly help to control global emissions of greenhouse gases, according to the International Energy Agency.

Entero Energy Services identifies and implements energy efficiency and renewable energy initiatives to help small business cut operating costs and reduce their carbon footprint.

SBA 504 ENERGY EFFICIENCY LOAN SUPPORT

Entero Energy Services assists Certified Development Companies (CDC's) qualify their 504 borrowers for the additional funding made available under new SBA Public Policy Goals for "green" practices.

Under the recent new policy, borrowers are eligible for  a maximum of $5 million for standard SBA 504 loans, and $5.5 million if they are manufacturers or embrace certain green practices.

As an added incentive, "Multiple Loans of $5.5 Million Each" can be made only if  green practices are demonstrated.  This stipulation allows larger companies to purchase multiple properties using the 504 program.

In order for borrowers to qualify, an energy audit (report) must be submitted that demonstrates compliance with one (or more) of the following:

• Demonstrate a plan to reduce consumption by a minimum of 10%
 • Generate small-scale renewable energy such and wind, solar or geothermal
 • Generate energy using renewable fuel sources such as bio-deisel

Entero Energy Services is experienced in helping borrowers meet SBA 504 "green" loan requirements by:

 • Designing an energy reduction plan that meets 10% energy saving goals
 • Compiling data and analysis that quantifies energy savings
 • Supporting the loan process by providing required SBA documentation  
 • Implementing the proposed energy saving projects in a cost-effective way
   after the loan has been funded.

For additional information, contact us.