New Resource Bank aims to help companies with the sustainable development in offering the loans to relieve them from the challenges of renewable energy, green construction, new equipment, working capital etc. Accordingly the Sustainability Assessment is required to be done with each applicant to serve as an evaluation on the basis of sustainable operations.
The services from the bank show a wide range including the letters of credit, U.S Government-guaranteed loan programs, renewable energy project financing, real estate acquisition and refinance loans, commercial term loans, commercial lines of credit, asset-based lending and commercial lending products.
As for U.S. government-guaranteed loan programs, there are Small Business Administration (SBA) and other government-guaranteed loans and lines of credit which are used to help small businesses in expansion, equipment purchase or increase of working capital etc. In this case, less equity contribution is required while longer loan terms are provided.
Location: 405 Howard Street, Suite 110, San Francisco, CA 94105