Green Lending and Sustainable Business Support Programs
An important priority for Accompany Capital this year is to expand the services of Accompany Capital’s Sustainable Business Program. Thanks to our funders at Opportunity Finance Network, through their Climate Justice Fund, and the Equitable Recovery Program (ERP) grant from the CDFI Fund, we have been able to support businesses like Battery Buyers, Inc., and Clean Slate.
Jessica & Ari Kesler, are the owners of Battery Buyers, Inc., which provides compliant electronic waste and battery recycling services for corporate, enterprise & government agencies. which provides compliant electronic waste and battery recycling services for corporate, enterprise & government agencies.
Clean Slate Solar is a commercial and industrial solar development company primarily focused on community solar, which bridges the gap between solar energy and LMI households. Their mission is to combat climate change by deploying solar projects that provide equitable access to clean energy and meaningful benefits to communities.
Community solar works by enabling households to participate in a shared solar energy system in which energy is generated from a centralized solar array located within a community, like an industrial rooftop or vacant lot. Households can subscribe to a portion of the energy produced by the system, reducing their electricity bills and carbon emissions in the process.
“Accompany Capital has been a game changer for Clean Slate Solar,” says Sho Arora, Co-founder & Managing Partner. After being turned down by multiple big banks, Accompany not only approved our SBA loan but also offered it at a below-market interest rate. Their support has been crucial in helping us grow our business and expand our impact in the community. We’re able to bring clean energy solar projects to under. served areas and help low-income communities, thanks to the working capital loan they provided. This experience showed me how vital organizations like Accompany Capital are in providing opportunities where traditional financial institutions fall short.”
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