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Loans for Small Businesses & Multi-family Buildings

Financing is available to eligible Nicor Gas small business and multi-family customers to cover the cost of rebate-qualifying equipment and improvements. Installments on the loan are conveniently applied to your monthly Nicor Gas bills.

General Rates and Terms

  • 8.99% fixed interest rate, effective November 1, 2023*
  • Loans provided prior to November 1 will not be changed    
  • 1, 3, 5, 7 or 10 year loan terms† 
  • Loans range from $500 to $150,000
  • Covers equipment costs, installation and some related services
  • No prepayment penalty
  • Installments will be applied to your monthly Nicor Gas bill
  • Work must be completed by an approved contractor

*Note: Customers are subject to the current rate at the time of the application.  

† 1, 3, and 5-year loans are capped at $20,000. 7 and 10-year loan terms available for loans more than $8,000.

Approved Contractors

 Only contractors enrolled with Energy Finance Solutions (EFS), the program lender, can offer on-bill financing. Self-installations are not eligible. Use our Find a Contractor tool to find an approved contractor.


Available to Nicor Gas small business and multi-family customers who:

  • Own the property where the installation or service will occur and be listed as the utility account holder
  • Have an active utility account that is current
  • Are not under a deferred payment agreement or have a pending deferred payment agreement
  • Have not been cut off for non-payment in the past 12 months nor have a pending cutoff for non-payment
  • Meet utility requirements from application through loan closing

Contact EFS, the program lender, at 877.923.2665 with any questions.

Qualifying Equipment and Improvements

Equipment or improvements eligible for rebates or incentives through the Nicor Gas Energy Efficiency Program with a total installed cost of more than $500 are eligible.