Protection against third party lawsuits related to environmental issues. Protection for lenders against loss on loans for development projects involving contaminated property. Access for any size project to environmental insurance. All Borrowers, Buyers, Sellers, and developers, including causally responsible parties both public and private entities. Contact MassBusiness for an application and to facilitate communication between developers, lenders, AIG, and insurance brokers.
Lenders participating in the program are already aware program benefits.
If your lender is not yet listed, or if your loan officer is unaware of the banks participation, please notify MassBusiness who in turn will contact them to join the program.