DLL Becomes First Lender to Finance Project in California GoGreen Financing Small Business Program

Aug 14, 2019
Press

The California Hub for Energy Efficiency Financing (CHEEF) and its GoGreen Financing program confirmed the approval of its inaugural Small Business Financing project, with DLL providing the project financing for the end user.

This is a monumental step in helping small businesses realize how they can reduce their environmental footprint without the upfront cost barrier, as well as helping California meet its energy goals. "
Press

The customer, a private dairy farmer seeking to update lighting and install well pump variable frequency drives, enrolled in July, becoming the first-ever project financed under the program since its limited launch earlier this year. Through its enrollment in the program, the customer can expect a total operating savings of more than $130,000 per year, according to the installing contractor.

“We are proud to partner on GoGreen Financing’s first project under the Small Business Financing program, supporting a California business as it upgrades its operations to become more energy efficient,” said Dave Ingram, U.S. sales manager at DLL. “This is a monumental step in helping small businesses realize how they can reduce their environmental footprint without the upfront cost barrier, as well as helping California meet its energy goals.” 

As part of its commitment to sustainability, and through its partnership with CHEEF, DLL supports California’s goal to reduce greenhouse gas emissions by providing a suite of attractive financing solutions for California businesses and non-profit organizations, all supported by local DLL representation in California. Availablefinancing solutions include loans, leases, and service agreements, some of which can be completely paid for by the energy savings resulting from the project.

Learn more about California’s Small Business Financing program at: GoGreenFinancing.com

Learn more about DLL’s financial solutions for Clean Technology.

Learn more about DLL’s commitment to sustainability

 

Megan Keohane-Yocum

Communications Business Partner

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