Comparison Between USDA & DOE Loan Guarantees for First-Of-A-Kind Technologies
USDAoffers three loan guarantee programs, two of which, the Business & Industry Loan Guarantee and Renewable Energy for America Program (REAP), have a maximum loan amount of $25 million and require equity of at least 20% (thus supporting a $31.25 million project). Providing the project qualifies under REAP, one can apply for both a B&I and REAP loan guarantee, thus doubling the amount of loan that will qualify, up to $50 million, which will support a $62.5 million project. For more details visit us at: https://www.renewable-energy.consulting
★
★
★
★
★
93 views • 5 slides