New Resource Bank has helped award-winning organic food purveyors satisfy growing demand, innovative solar providers make home power systems affordable and green builders create homes and offices that model resource conservation. We’re always looking for innovative, sustainability-focused businesses with market-changing potential, as well as traditional businesses that want to integrate sustainability practices.
Our goal is a loan portfolio invested 100 percent in businesses that are advancing sustainability. At the end of 2013, 79 percent of our loan commitments and 76 percent of our loans outstanding were mission oriented; the remainder were traditional community bank loans made to local businesses during our start-up phase. We are now focused on lending to businesses with green products and services, businesses that are committed to improving their operational sustainability, and sustainability-oriented nonprofits. (See the Commercial lending page for details.)
Some of our current commercial lending customers include:
Imports organic quinoa with a fair-trade approach
Gives Bay Area drivers access to a car without having to own one
Makes award-winning organic artisan cheeses
Enables businesses to accept credit card payments and is a Certified B Corporation
Nonprofit promotes environmentally and socially responsible practices through programs that educate, demonstrate and provide direct services, including Berkeley, Calif.’s residential curbside recycling, the Berkeley Farmers' Markets, and other programs.
Provides energy-efficiency software and programs for businesses and communities
Farms oysters, clams and mussels on Tomales Bay and sells its shellfish at oyster bars in San Francisco and Napa
Specializes in residential, commercial and sustainable design projects
Provides youth education programs as the National Park Service’s largest nonprofit, residential education partner
Produces organic milk, ice cream, yogurt and butter
Retrofits existing fixtures to provide energy-efficient lighting
We finance innovative sustainability-focused businesses and traditional businesses that want to integrate sustainability practices.