Environmental Financing
Financing solutions for green and sustainable projects
Green projects enhance environmental sustainability for businesses, communities, and the planet. Whether you’re just starting out or already on a path toward environmental sustainability, our experts can help. Meridian offers custom financing solutions for climate mitigation, climate adaptation, climate transition, and other green projects.
The types of projects we finance
We finance a variety of projects for businesses across Ontario, including non-profits, and social purpose organizations.
Green buildings: new and retrofit
Renewable and clean energy projects
Environmental equipment financing
Indigenous environmental projects
Environmental equipment installer programs
Commercial electric vehicles
Loan features
Lending options include construction and renovation loans, which may be interest-only for a period, as well as equipment installation loans or leases and term loans.
Loan amount
From $10,000 for small businesses up to $50 million* for larger companies and projects.
*Larger facilities may be syndicated with our financial partners.
Term
Terms range from 2 to 10 years, with amortizations up to 30 years, depending on contract length and equipment life.
Leverage
Up to 100% of costs for equipment loans. Up to 80% for other financing, subject to security and debt servicing ability.
Rates and fees
Preferential market-competitive pricing, reflecting both risk and impact benefits. Talk to an advisor for details.

Sustainable banking
Proven expertise and a commitment to sustainability
With over 25 years' commercial financing experience, Rob leads teams focused on business development, relationship management, loan structuring, and underwriting. This includes the development of complex financing structures, impact investing, and syndications.
As a member of Meridian’s ESG Working Group, Rob is working to ensure that we’re on a path to net-zero and helping Member’s transition to a more sustainable future.
How we’re putting sustainable financing solutions to work
Reducing energy and GHG emissions
$3.8 million in financing for a renovation that reduced energy consumption and GHG emissions by 44%. The property was refinanced for $4.95 million, qualifying under CMHC’s MLI Select energy efficiency criteria.
75% less energy compared to the competition
$1.77 million in financing to redevelop a car wash recycling system. It now uses 75% less energy compared to its leading competitor and uses biodegradable and non-environmentally hazardous products.
Bringing more solar power to Ontario
$750,000 in operating line of credit financing to support an Ontario solar equipment installation company.
Keeping material out of landfills
$20 million to refinance and expand facilities at a home and garden product manufacturer; a company that uses 100% recycled material that would otherwise go to landfills.
40% reduction in energy and gas emissions
$16.5 million in construction financing to change an existing commercial building into a multi-unit residential rental property; a project designed to reduce energy and emissions by 40%.
Offsetting energy usage by 50%
$480,000 in construction financing to install a 300Mwh solar panel at a self-storage property. Energy usage was offset by over 50% and permitted application for a Zero Carbon Building certification.
Talk to us about your financing options
Get the financing and advice you need, with a partner that puts your business and your well-being first.