August 12, 2026

Interest Rate Buy Down Pilot Initiative

Man with open banner at bar or restaurant window

small business, people and service concept - man with open word on banner at bar or restaurant window

Washington State Green Bank Is Looking for Projects!

  • The Washington State green bank, Washington Builds, is launching a pilot program to support small business energy upgrades with low-cost financing.
  • Reduced interest rates as low as 0% for qualifying projects (subject to lender terms)

Eligibility Criteria

  • Who: Small businesses in Seattle (<$2M revenue, < 50 employees, ≤ 2 sites)
  • Projects: Efficiency or electrification projects eligible for City Light or PSE incentives (e.g., heating, cooling, refrigeration, hot water systems)
  • Size: $50,000 – $1,000,000

Washington Builds provides accessible and affordable financing for energy efficiency and renewable energy projects for Washington residents, businesses, and agriculture that reduce costs, lower greenhouse gas emissions, and create jobs statewide.

Learn more:
www.wagreenbank.org
Contact: hello@wagreenbank.org

The Interest Rate Buy Down initiative is generously sponsored by the Seattle Office of Economic Development

About the Author

Katie Seling

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