State, nonprofit join to help businesses invest in money-saving projects

Businesses in Nashville and Davidson County have access to $10 million in financing for new energy efficiency projects. The loan program, announced Friday afternoon, is designed to persuade more businesses to make efficiency a priority by offering them low-interest financing. A lot of people have deferred (efficiency investments) as they’ve gone through the recession,” said Clint Gwin, president of Pathway Lending, the nonprofit that’s offering the financing. “They haven’t invested back in their facilities.”