US Bank offers new solar loan
US Bank, designated by the Environmental Protection Agency as an Energy Star Partner, now offers a Premier Loan for US Bank's solar customers, which includes a reduced interest rate of 1% for green building improvements.
US Bank offers new solar loan
US Bank was recently recognized as one of America's Greenest Banks by Bank Technology News. They have also been designated by the Environmental Protection Agency as an Energy Star Partner. It seems well timed, then, that US Bank has just rolled out a new loan program that gives homeowners a reduced interest rate of 1% for green building projects, which includes solar electric systems.
The Premier Loan is a closed end, fixed rate loan for amounts from $3,000- $25,000 and, when used for Green Home Improvement projects, the interest rate is reduced by 1%. Solar electric systems qualify for the reduced interest rate offer.
Plus, in this challenging economy, the Premier Loan stands apart in that it is an unsecured line, which means it is not tied to home equity. To qualify for the Premier Loan, an applicant must be a customer of US Bank for at least 6 months.
To learn about all of the financing options available for a solar system, visit our Financing page.
