Good news! We were just notified that the Heat Loan cap has been increased from $25K to $50K. This is for all products eligible for the Heat loan and applies to future projects only. If you previously had a Heat Loan for 20K as an example, they can now access another 30K for a future project to reach the 50K max. However, if you recently took a loan for $25K and the project completed was $35K, you cannot retroactively finance the previous 10K difference.
Documentation and the website will be updated soon. While this is currently active, we do not yet have an updated vendor list, so customers will need to verify with the banks until this information is updated.
Thanks, and let us know if you have any questions,