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ADVANCED TECH VEHICLES PRODUCTION LOAN SYSTEM

Thursday, March 5th, 2020

ADVANCED TECH VEHICLES PRODUCTION LOAN SYSTEM

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LPO has $17.7 billion in loan authority to guide the make of qualified https://speedyloan.net/installment-loans-pa light-duty automobiles and components that are qualifying the Advanced Technology Vehicles Manufacturing Loan Program (ATVM), authorized by the vitality Independence and safety Act of 2007.

Up to now, this program has loaned $8 billion for tasks which have supported the production of significantly more than 4 million technology that is advanced. Read more about LPO’s ATVM profile.

Read our two-page reality sheet for a summary of exactly how LPO can fund car production tasks.

To find out more:

Just just What value can bring as a LPO loan provider to my task?

ATVM is regarded as three loan that is distinct administered by LPO, but all can offer an identical value to borrowers:

  • Usage of Debt Capital: Through ATVM, LPO provides usage of financial obligation money this is certainly coming in at U.S. Treasury prices for car production jobs in the us.
  • Versatile, Custom Financing: LPO can offer funding that meets the precise requirements of specific borrowers. LPO has experience with corporate, structured business, and recourse that is limited finance loans. Also, LPO has capability to fund big tasks as a single loan provider or to fill gaps in financing included in a band of loan providers.
  • Committed Partnership: loan providers usually choose to build relationships a project once the deal is completely created; but, LPO encourages engagement that is early task development. LPO usually takes the time and energy to plunge deep and understand the task and its particular technology. And after loan closing, LPO continues to be a valuable partner to borrowers for the entire time of a task.
  • Specialized Experience: LPO keeps an in-house group of financial, technical, appropriate, and ecological experts which has had expertise with first-of-kind jobs and a number of deal structures. (more…)