Small Business & Non-Profit Loan Program
This program is not available to homeowners—it supports small businesses and nonprofits that want to finance wind or solar projects through the Virginia Small Business Financing Authority. If you own a business or nonprofit, contact VSBFA at 804-786-1049 to explore financing options for renewable energy installations.
You can help your small business or nonprofit clients access financing for solar and wind projects through VSBFA's loan programs, which are designed to bridge funding gaps when traditional lending alone is insufficient. VSBFA offers direct loans and works with commercial lenders to support renewable energy projects; guide eligible clients to contact VSBFA at 804-786-1049 or visit their staff directory to discuss specific project financing.
H.B. 864 (April 2014) mandates VSBFA to provide financing for wind and solar projects serving small businesses and nonprofits across Virginia. VSBFA operates multiple financing mechanisms including direct loans, credit support programs, and bond financing; the program has operated for over 40 years and is housed within the Virginia Department of Small Business & Supplier Diversity. Contact the organization at 804-786-1049 or 804-786-6585 for program details and eligibility specifics.
Program details
- Program ID
- 5504
- Last updated
- 10/14/2024
Eligibility
- Sectors
- commercial nonprofit
- Technologies
- solar photovoltaics wind (all)
Program summary
In April of 2014 H.B. 864 mandated that the Virginia Small Business Financing Authority provide financing for wind and solar projects to small businesses and nonprofits.
Contact & resources
- Contact email
- Barbara.Carter@vdba.virginia.gov
- Additional resources
Please verify current program details with the administering agency before making any financial decisions.