Montgomery County Green Bank is proud to partner with two lenders – NASA Federal Credit Union and the Clean Energy Credit Union – to work with you on your clean energy improvements. Through the CEA Program, these Participating Lenders offer Montgomery County, MD homeowners a preferred interest rate not generally offered to the public for the financing of clean energy home improvements.
Access to the preferred rates of the CEA Program are only available through an Authorized CEA Program Contractor. By working with an Authorized CEA Program Contractor, you will be directed to a website to determine your eligibility for the CEA Program and then providing you with the opportunity to choose a lender for a loan application and have access to the preferred CEA Program rates.
General terms for the lender products include:
• Loans from $3,000 to $35,000
• Terms from 2 to 12 years
• Unsecured loans (no lien on property) or secured loans (lien on equipment)
• Unsecured interest rates start as low as 6.49%. (Final borrower interest rates are decided by Participating Lender and dependent on loan term, credit and other factors of borrowers.)