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LPO has $17.7 billion in loan authority to aid the make of eligible light-duty automobiles and qualifying elements under 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 creation of significantly more than 4 million higher level technology automobiles. Find out more about LPO’s ATVM profile.
Read our two-page reality sheet for a synopsis of just just how LPO can fund automobile production jobs.
To find out more:
Just exactly What value can LPO bring as being a loan provider to my task?
ATVM is regarded as three distinct loan programs administered by LPO, but all can offer the same value to borrowers:
- Usage of Debt Capital: Through ATVM, LPO can offer use of financial obligation capital that is costing U.S. Treasury prices for automobile production jobs in the usa.
- Versatile, Custom Financing: LPO provides financing that meets the particular requirements of specific borrowers. LPO has knowledge about corporate, structured business, and restricted recourse task finance loans. Furthermore, LPO has ability to fund big projects as a sole loan provider or to fill gaps in funding included in a team of loan providers.
- Committed Partnership: loan providers frequently like to engage a task as soon as the deal is fully created; nevertheless, LPO encourages very early engagement during task development. LPO may take the right time and energy to dive deep and understand the task as well as its technology. And after https://www.speedyloan.net/installment-loans-pa loan closing, LPO stays a valuable partner to borrowers through the entire duration of a task.
- Specialized Experience: LPO keeps an in-house group of monetary, technical, appropriate, and ecological experts which has had expertise with first-of-kind tasks and many different deal structures. [Read more…] about ADVANCED TECH VEHICLES PRODUCTION LOAN SYSTEM