Business as a Force for Good.
Our Good Cents Loan program specifically funds improvements to businesses that will positively impact the community or environment around them. Many businesses want to be more sustainable or socially responsible. We’re a lender that sees the value in that.
Great funding ideas we’d love to hear about could be installing solar panels if you run a greenhouse, or renovating your business to build in accessibility or a community-focused space.
How does it work?
Businesses apply for a Good Cents Loan using the online form below. It’s similar to applying for a regular business loan or merchant advance, but we’d like you to tell us as much as you can about your plans to make a positive impact in your community, or how you are already doing so.
The Good Cents Loan is managed by our VP of Operations, who will evaluate applications on a case-by-case basis to see if you qualify for different rates than our traditional rates. Repayments work like our business loans, with a daily fixed repayment schedule.
Is it right for you?
Here are some great reasons to take out a Good Cents Loan. If you’re a…
Restaurant, you might want to cut energy use by 30% by replacing equipment with more energy-efficient models.
Auto repair shop, you might like to cover costs of financial literacy classes for employees.
Plant nursery or florist, and you’re thinking about installing solar panels on your greenhouse.
Hair salon, and you’d like to reduce your environmental footprint through changing products and vendors.
Cleaning service, and you were thinking about upgrading your fleet of vans – maybe you’d like to buy hybrid vehicles instead.
Retail store, and you’re pursuing a social impact certification, such as organic, fair trade or B Corporation and you need a loan to cover the application costs.
Franchise, and planning to renovate your business to be more physically accessible to employees or customers with unique needs.