Green Buildings pay Off

Atlanta Journal Constitution

September 19, 2009

Going green in buildings used to be the domain of deep pocketed companies looking to boost their image or smaller businesses launching efforts to recycle plastic bottles and cut down on paper waste. Not anymore. Green is fast gaining acceptance as a way to not only save money on energy and operating costs in buildings, but also as a way to lure tenants, qualify for tax breaks and attract clients, whether they are environmentally conscious companies or leisure travelers who prefer hotels that conserve water by washing linens less.

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One Comment on “Green Buildings pay Off”

  1. Just wanted to mention that under the SBA 504 loan program a borrower is eligible for up to a $4.5 million dollar guarantee on the purchase of an energy efficient property. Manufacturers are eligible for the $4.5 million guarantee as well. This could lead to a project size of up to $10 million and the SBA fees are currently waived under the stimulus plan.

    It is also an excellent time for a company to restructure debt, re-model or re-equip under the SBA 7(a) program with longer terms and lower rates. Loan size is up to $2 million.

    The Piedmont Bank has capital to lend and I can be reached at 678-296-9350.

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