Boost sustainability practices in your community and elevate your lending portfolio with green lending.
In an era marked by environmental consciousness and growing energy bills, credit unions and banks have a unique opportunity to take advantage of these developing trends. The renewable energy lending segment—often referred to as green lending—continues to grow as communities look to improve their sustainability practices and save money on utility bills.
Offering sustainability loans through embedded lending gives financial institutions the chance to support sustainable energy projects while providing customers with cost-effective, flexible, and customer-centered financing solutions.
Did you know?
The sustainable finance market has a predicted CAGR of 22.4% between 2022-2032.
The sustainable finance market was valued at $4.2 trillion in 2022 and continues to grow exponentially year-by-year—proving to be a strong segment for lenders to explore.
Renewable energy lending offers a wide range of loan types and gives your institution the opportunity to participate in federal funding programs that aim to incentivize sustainability practices. Explore the many benefits of green lending below.
From solar installations to energy-efficient upgrades, green lending empowers lenders to finance a broad range of sustainable projects with varying consumer needs. This presents lenders with an opportunity to tailor their focus to their unique risk, size, and duration goals.
Green lending offers customers environmentally responsible, accessible, and fair financing options that align with their values—ultimately boosting your institution’s standing amongst competitors.
Offering renewable energy loans could make your institution eligible to receive federal funds for fostering eco-conscious choices in your community. Research your state’s green lending programs to see if your institution might be eligible to receive incentives.
By supporting renewable energy projects, lenders build a positive reputation with environmentally conscious customers who may want to continue business with your institution after paying off their loan.
We can help you too.
How it works
Match with renewable energy businesses through the MerchantLinQ platform.
Watch your loan portfolio grow as businesses drive loan applications through a branded portal.
Advance your long-term goals by generating new customers to scale your institution’s deposits over time.
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