Debt / Loan

Raise Green / Honeycomb Credit

Raise Green, the climate investment marketplace for clean energy and local impact projects, will now become part of Honeycomb Credit, the investment platform empowering local businesses, uniting two mission-driven platforms and creating a one-stop shop for impact investors seeking diverse opportunities that support both local economic growth and climate initiatives across the country. Together, Honeycomb and Raise Green aim to democratize impact investing by offering expanded opportunities to make meaningful investments. Whether interested in supporting a small local business or a clean energy initiative, investors can find an accessible and streamlined experience that aligns with their values.

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Rural Energy For America Program (REAP) FY23 and FY24

The program provides guaranteed loan financing and grant funding to agricultural producers and rural small businesses for renewable energy systems or to make energy efficiency improvements. Agricultural producers may also apply for new energy efficient equipment and new system loans for agricultural production and processing. With the passage of the Inflation Reduction Act, the Rural Energy for America Program (REAP) has been provided over $2 billion for renewable energy systems and energy efficiency improvement grants for agricultural producers and rural small business owners through 2031. Rural Development is accepting applications for six quarterly competitions with the following deadlines:

  • June 30, 2023
  • September 30, 2023
  • December 31, 2023
  • March 31, 2024
  • June 30, 2024
  • September 30, 2024
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MassCEC: 2030 Fund

The launch of the $50M 2030 Fund signals to the market that Massachusetts is increasing its commitment to the commercialization of climate technologies. MassCEC invests impactfully and countercyclically in Massachusetts’ brightest climate technology innovators.  Our investments support climatetech companies as they de-risk their technology, reach early commercial milestones, and attract growth funding. Equity investments average about $500k in early-stage financings. MassCEC also offers venture debt, ranging from $100k to $1.5M.

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Rural Energy for America Program Renewable Energy Systems & Energy Efficiency Improvement Guaranteed Loans & Grants

The program provides guaranteed loan financing and grant funding to agricultural producers and rural small businesses for renewable energy systems or to make energy efficiency improvements. Agricultural producers may also apply for new energy efficient equipment and new system loans for agricultural production and processing.

Renewable Energy System Grants range from $2,500 – $1 million. Energy Efficiency Grants range from $1,500 – $500,000.

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NYC Small Business Opportunity Fund

If you’re a NYC-based business – a startup, growth-stage, or needing a boost after the pandemic – the NYC Small Business Opportunity Fund is a trusted, affordable way to invest in your business.

  • No minimum credit score required
  • Loans up to $250,000 at 4% fixed interest rate
  • Free business support
  • Easy to apply
  • No application fee
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Biorefinery, Renewable Chemical, and Biobased Product Manufacturing Assistance Program

The Biorefinery, Renewable Chemical, and Biobased Product Manufacturing Assistance Program (BAP), also known as the Section 9003 Program, provides loan guarantees to assist in the development of advanced biofuels, renewable
chemicals, and biobased products manufacturing facilities.

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NDN Fund Relief & Resilience Loans

NDN Fund has created three specialized loans with more flexible under-writing targeted at those Native-owned or tribally-owned businesses that are either adversely impacted by COVID-19 or demonstrate operation in a high-demand industry and/or are applying innovative business strategies. This portfolio will follow NDN Collective’s overall mission and theory of change by prioritizing businesses that demonstrate social and environmental co-benefits. Native-owned businesses are eligible for direct loans ranging from $10k-$50k.

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DreamSpring

Whether you’re just starting out or growing your small business, access to capital is key to your success. With a range of loan products and sizes, technology to streamline the application process, and a dedicated team to help you understand your options, we offer small business loans that work for you. Term loans range from $1k-$2M and lines of credit are available as well. Business must be located in one of the 19 states we serve: Arizona, California, Colorado, Florida, Georgia, Iowa, Illinois, Kansas, Missouri, North Carolina, Nebraska, Nevada, New Mexico, New York, Oklahoma, Texas, Utah, Washington, and Wyoming.

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Accion Opportunity Fund

Accion Opportunity Fund offers loans in a range of sizes ($5k-$100k) as well as educational resources, coaching, and support networks in English and Spanish. We also support ITIN-only borrowers. More than just loans – it also provides educational resources, coaching, and access to support networks. When you repay your loan, AOF reinvests that money into other small businesses.

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EnrichHER

EnrichHER connects companies led by women and founders of color to the capital, coaching, and community they need to take their businesses to new heights. Access direct loans and lines of credits from $10k-$250k and $5k small business grants. Additionally, EnrichHER has a five-week Business Financing Accelerator to put you on the fast-track to funding and get you access to its network of funders.

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Climate Access Fund

The Climate Access Fund is a nonprofit green bank that:

  1. Offers attractive financial products to solar developers who offer discounted community solar rates to low- to moderate- income households;
  2. Develops urban, infill community solar projects located in lower-wealth communities in Baltimore; and
  3. Advocates for clean energy policies that benefit lower-income and disadvantaged communities.
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New York: NY Green Bank

NY Green Bank is a State-sponsored, specialized financial entity working with the private sector to increase investments into New York’s clean energy markets, creating a more efficient, reliable and sustainable energy system.

NY Green Bank is a cost-effective and complementary component of New York State’s portfolio of clean energy programs. NY Green Bank works with clients and counterparties to address and alleviate specific gaps and barriers in current clean energy capital markets through a variety of approaches and transaction structures. Since inception, NY Green Bank has utilized innovative approaches to financing structures to mobilize clean energy activity and private capital in New York State, reducing the need for further ratepayer funding.

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