EcoSmart
Consumer Purchases
LANB has dedicated $10 million in special financing to fund Consumer Loans for earth friendly purposes such as renewable energy or low energy consumption vehicles and appliances (i.e. energy efficient vehicles and appliances: Electric vehicles or vehicles with mpg greater than 35 mpg highway*; Solar hot water heaters, water harvesting systems; plumbing fixtures that reduce water consumption, outdoor solar lights, natural flooring, etc.)
Consumer loan pricing:
- 1% reduction in posted interest rate.
- Waive any other LANB fees, Extended terms for up to 8 years.
*as verified by www.fueleconomy.gov
Commercial Projects
As part of our committment to creating a sustainable future we are promoting ecologically-friendly development. We have dedicated $50 million in low-cost commercial loans for green contstruction projects.
Get more information about EcoSmart Commercial Loan criteria. To learn more contact our loan department (505) 662-1080.