In late 2016, 1st Source Bank launched its solar financing line of business to provide solar developers with one-stop shop financing. 1st Source provides tax equity investments in addition to construction and permanent loan financing to community solar, small utility scale, university, and municipality projects.
1st Source Bank made its commitment to solar due to:
- The unique needs of smaller commercial clients across the country
- The Bank's ability to provide tailored equity and financing options to this group of businesses
- The opportunity to positively impact the environment.
1st Source Bank has financed projects with experienced solar developers and co-investment partners, including projects across 12 states.
To learn more about solar financing, contact Russ Cramer, Vice President of Solar Financing, at firstname.lastname@example.org.