Fayette Advocate: ReEnergize Ohio for Small Businesses
December 3, 2012
Small businesses are faced with numerous challenges in today’s economy, and there’s one public official trying to help.
State Treasurer of Ohio Josh Mandel continues to support small business owners through an additional linked deposit program – ReEnergize Ohio.
ReEnergize Ohio offers up to a 3% interest rate reduction on new or existing small business loans when at least 50% of the loan proceeds are used to implement energy-efficient upgrades. Small businesses may apply the interest rate reduction on up to $550,000 of the loan amount for a term of four years.
The cost of energy to run a small business can be significant. ReEnergize Ohio provides a possible money-saving tool to make energy-efficient upgrades and improve energy performance. ReEnergize Ohio benefits small business owners, supports Ohio’s manufacturing industry, and promotes building restoration and historic preservation.
It is easy to apply for ReEnergize Ohio! Check the website www.ReEnergize.Ohio.gov to learn more. Eligible energy-efficient upgrades span a wide array of products and renovations including but not limited to lighting controls, heating and cooling systems, renewable energy systems, weatherization projects, as well as energy-efficient appliances, equipment and vehicles. Explore potential improvements to your small business’ energy performance today.
Contact Treasurer Mandel’s office to learn more about how ReEnergize Ohio can help your small business. Call 1-800-228-1102, option #3, or visit www.ReEnergize.Ohio.gov.