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Umpqua Bank will expand its GreenStreet lending program to businesses in Oregon offering loans to help cover energy efficiency and renewable energy upgrades.
The GreenStreet commercial real estate loan is for amounts of $5,000 to $1 million, with a term of up to 15 years. The GreenStreet business improvement term loan is for amounts of $5,000 to $500,000, with a term of up to seven years. Both programs have an origination fee of .5 percent with other applicable fees.
Read more about Umpqua’s GreenStreet Program.