Low Monthly Payment Financing for Indiana Businesses,
Multifamily, Non-Profits and Government
Learn more about the Indiana Energy Independence Fund!
In coordination with the Indiana Energy Independence Fund (IEIF), the National Energy Improvement Fund (NEIF) provides access to low-cost commercial financing for Indiana businesses, multifamily, non-profits, and government properties making qualifying clean energy improvements.
- Rates: 5.99% up to $150,000, below market-rate financing for projects above $150,000
- Who: Any commercial business, non-profit, multifamily, or government property
- Where: Project must be in Indiana
- Project Size: $2,500 and up
- Terms: 1 — 5 years
- Mechanism: Equipment secured financing
To learn more about IEIF, please visit energyindependencefund.org. Please contact us directly if you have questions about other projects that do not fit these parameters.
Questions? Email IEIF at info@energyindependencefund.org or call (317) 449-4124.
Three Simple Steps For Customers
1. Get a Proposal
Tell your NEIF-Approved Contractor that you’d like to review a monthly payment proposal; or, contact NEIF directly. If you don’t have a contractor selected, click here!
2. Simple Application
Apply online and receive notification of approval typically within three to five business days.
3. Installation
Sign closing documents and work with your contractor to schedule the installation.
Who is Eligible?
- Eligible borrowers are commercial businesses, multifamily (4+ units), non-profit, or governments in Indiana that meet NEIF’s credit approval standards and are making qualifying improvements.
- Improvements must be installed by a NEIF-Approved Contractor.
What Improvements Qualify?
All improvements below will be verified for eligibility by NEIF and IEIF.
- LED Lighting & Electrical
- High Efficiency HVAC
- Refrigeration
- Controls
- Renewable Energy
- Water Saving Measures
- Building Envelope
- Retro-Commissioning
- Other
Proposed and installed measures are subject to review and approval by the Indiana Energy Independence Fund for program eligibility. See a complete list of eligible measures here.
Three Simple Steps For Contractors
1. Register as a NEIF-Approved Contractor
If you are not already a NEIF-Approved Contractor, apply here!
2. Propose and Close Projects
Use the NEIF Commerical Finance Portal to propose and close more projects and bigger projects with simple monthly payment solutions.
3. Get Paid!
Contractors paid quickly within one week of project completion and verification.
