Climate First Bank lowers solar loan rates

Climate First Bank has updated the interest rates on its 30-year Residential Solar Loan product to 7.83% and a 7.99% APR.

In 2023, the bank financed $35 million in solar loans for businesses and $83 million in solar loans for individuals. This marks a 472% increase in solar business loans and a 367% increase in consumer loans year over year.

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