NYSERDA Energy Efficiency Loan Program

Fund energy efficiency upgrades for your business with a low-interest rate loan

Heating, cooling, electric and other energy costs can eat up a large portion of your business’s budget. However, turning off the lights and keeping the thermostat at a reasonable temperature only go so far in cutting costs. Energy efficiency upgrades to your business can go a long way in reducing costs in the long term, but carry upfront expenses.

funding icon

Reduced fixed-interest rates

funding terms icon

10 year terms

online application icon

Streamlined online application

What is the NYSERDA energy efficiency loan program?

The NYSERDA (New York State Energy Research and Development Authority) loan program allows you to invest in energy efficiency upgrades and pay over time with a reduced interest rate loan. You could be approved in just 2 business days and fully funded within a week, putting you on the fast track to energy-efficiency. NYSERDA funds 50% of the project cost at a reduced rate of prime + 2.0%, and Pursuit funds the other 50% at an interest rate.

Program details


  • Loan amounts: up to $100,000, total
  • Interest rate: A blended rate of 9.325% (50% at 6.75% and 50% at 11.9%)
  • Time to funding: 5-7 business days after your loan is approved
  • Term: 10 years

Is the NYSERDA loan program right for me?

Established businesses can use the NYSERDA loan program for energy-efficiency upgrades. If your business has a break-even or positive cash-flow, and a history of paying its debts, then you’re a good candidate for the program. To be considered for automatic approval, you must meet the following requirements:

  • 2 or more years in business
  • 2 or more employees
  • Break-even or positive cash-flow
  • An average personal credit score of 640 or higher
  • More than $120,000 in annual revenue
  • No liens or judgements within the last 3 years for you or your business
  • No prior bankruptcies for you or your business

Even if you don’t meet some of the requirements above, give us a call. You can still work with Pursuit to reach your goals. Find out if you’re eligible for our free business advisory services, which can help you get loan-ready, repair your credit and improve your business’s financial picture for the future.

What can you use a NYSERDA loan for?

NYSERDA energy efficiency loans can be used to make business upgrades that reduce heating, cooling and other energy costs. By doing so, you’ll improve your profits and reduce your environmental impact. You may want to work with an energy auditor to identify where your business could be more efficient, but some needs may include:

  • A new or upgraded HVAC system
  • Improved insulation and roofing
  • Solar panel installation
  • Installation of energy-efficient windows and lighting

Your Pursuit lender can help you understand if your upgrade is eligible for the program.

The NYSERDA loan program is administered by Pursuit Community Finance

pursuit flight graphic

Get started

Ready to fund your dream? Learn more about our application process and get started today.

Find the right loan for your business today

You are about to leave the Pursuit website

Pursuit provides links from this website to other websites for your information only. Pursuit does not recommend or endorse any product or service appearing on these third party sites, and disclaims all liability in connection with such products or services. We are not responsible for the privacy practices, security, confidentiality or the content of any website other than our own. Pursuit does not represent members or third parties should the two enter into an online transaction, and recommends that you appropriately investigate any products or services prior to purchase. Questions as appropriate to the content should be directed to the site owners.