National Energy Improvement Fund2

National Energy Improvement Fund2

Financing a resilient and energy efficient future

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Security Type
Debt/Note
Categories
Energy
Min Investment
$1,000
Location
Allentown, PA
Offering Date
March 08, 2021
Expected Close Date
May 31, 2021
Target Raise
$10.00K-$250.00K

Company Description

The National Energy Improvement Fund ("NEIF"), founded in 2017 as a benefit corporation lending institution, has a lending heritage dating to 1947 (AFC First). Its mission is to increase the affordability of energy efficiency and resilience improvements in homes and commercial properties.

Led by energy financing pioneers, Peter Krajsa and Matthew Brown, and a team responsible for over $800 million in innovative energy financing programs, NEIF is currently the nation’s only Certified B Corporation® specialized energy efficiency and resilience lender, meeting the highest standards of social & environmental performance, public transparency, and legal accountability. It was named a U.S. Department of Energy Home Improvement Expert Partner in 2019. 

Key Deal Facts

Climate — NEIF finances energy efficiency improvements that reduce energy usage and the carbon footprint.
Affordability — NEIF financing makes energy and resilience more affordable for homeowners and businesses of all sizes and income levels with additional focus on low and moderate income borrowers.
Resilience — NEIF provides specialty financing and insurance programs for buildings in high impact weather regions.
Business and Job Development — NEIF accelerates contractor growth and employee development with training, products and programs.

Use of Proceeds

  • 70% Program expansion including personnel, licensing and operating capital
  • 15% Technology
  • 10% Marketing and program development
  • 10% Pilot portfolio loan programs

Management Team / Advisory Board Bios

Peter J. Krajsa, Co-Chair and Founder, Managing Member
Peter Krajsa is a recognized innovator in energy efficiency finance for over two decades. Prior to NEIF, he headed channel business development for Renew Financial and CEO of AFC Financial Corporation.

Matthew H. Brown, Co-Chair and Founder, Managing Member
Matthew Brown has worked in the energy finance and policy field for more than 20 years, beginning his work with the accounting and conconsulting firm of KPMG in New York.

Laura Nelson, Chief Operating Officer
Laura Nelson has been involved in financial management, operational controls, process improvement and regulatory and investor compliance for over fifteen years.
Amount Raised : $0
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Security Description

A note is a financial security that generally has a longer term than a bill but a shorter term than a bond.

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