On Sundays Meet he Press Maria Teresa Kumar said....... “Silicon Valley Bank is the “Democrats’ ATM”
“On Sundays Meet he Press Maria Teresa Kumar said....... “Silicon Valley Bank is the “Democrats’ ATM””
SVB was loaning the most for solar panel installations. It was a solar panel ATM machine.....
______
SVB’s website says the bank worked with more than 1,550 clients in the climate-tech and sustainability sector, particularly community solar. The bank also says it led or participated in 62% of community-solar financing deals, worth about $3.2 billion in total. And according to ImpactAlpha, SVB was a leading provider of venture debt to climate startups.
https://www.msn.com/en-us/money/other/svb-s-collapse-could-make-it-harder-for-climate-startups-to-get-the-funding-they-need/ar-AA18zWeN