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Mercedes-Benz Loans Green To Green Businesses

Written by Vegetarian Star on Friday, December 10th, 2010 in Business, Environment-Eco-Green, Transportation.

Mercedes-Benz

The Conservation’s ShadeFund is a new program designed to raise capital for small loans to green businesses.

Mercedes-Benz has graciously taken the step to be the first business to pledge to lend between 10-12 loans to green companies in the next 1-2 years, the first two being an organic farm that sells herbs and vegetables and a company that gathers wood from downed trees and turns it into furniture. Loan sizes will range from $5,000-$25,000, depending on the project.

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