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HOUSTON, Sept. 17, 2020 /PRNewswire via COMTEX/ —
HOUSTON, Sept. 17, 2020 /PRNewswire/ — BBVA USA has launched a sustainability-focused commercial real estate loan for clients across its footprint, marking a milestone in the bank’s new 5-year strategic plan implemented in January 2020.
The loan is designed to help small business owners with closing costs related to the purchase of commercial real estate, provided the property meets certain environmental sustainability standards. The loan is another step the bank is taking in support of the second pillar of its strategic plan – focusing on aligning business efforts with economic, social and environmental sustainability.
“This product underscores both the economic and environmental concepts of the bank’s strategic plan,” said BBVA USA Small- to Medium-Enterprises Network Executive Elizabeth Dobers. “It helps small business owners build their business portfolio with savings