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Another Inconvenient Truth – Going green could cause some borrowers to see red
January / February 2008
Newsletter: Commercial Lending Report
Price: $225.00, Subscriber Price: $157.50
Word count: 584
Abstract: Although most environmental legislation singles out utilities, oil companies and automakers, at some point legislators likely will ask every business to do its part to mitigate environmental damage. Businesses that conserve energy can enjoy lower costs, but for many, going green will be costly. Lenders should be ready to evaluate their borrowers for the financial consequences of current and future legislation.