1st Source Bank
In late 2016, 1st Source Bank launched its solar financing line of business to provide commercial solar developers with one-stop shop financing. 1st Source provides tax equity investments in addition to construction and permanent loan financing with a focus on smaller utility scale projects. 1st Source Bank made its commitment to solar due to: The unique needs of smaller commercial clients across the country The Bank's ability to provide tailored equity and financing options to this group of businesses The opportunity to help improve the environment. 1st Source Bank has financed projects with experienced solar developers and industry partners in the rapidly growing U.S. solar sector, including projects in Indiana, Massachusetts, Michigan, Minnesota, and Montana.