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LPO has $17.7 billion in loan authority to aid the make of qualified light-duty automobiles and components that are qualifying the Advanced Technology Vehicles Manufacturing Loan Program (ATVM), authorized by the power Independence and protection Act of 2007.
Up to now, this program has loaned $8 billion for jobs which have supported the creation of a lot more than 4 million technology that is advanced. Read more about LPO's ATVM profile.
Read our two-page fact sheet for a summary of just just exactly how LPO can fund car production tasks.
To find out more:
Exactly just What value can bring as a LPO lender to my task?
ATVM is certainly one of three distinct loan programs administered by LPO, but all provides a comparable value to borrowers:
- Usage of Debt Capital: Through ATVM, LPO can offer 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 provides funding that meets the precise requirements of specific borrowers. LPO has experience with corporate, structured business, and restricted recourse project finance loans. Furthermore, LPO has ability to fund big tasks being a lender that is sole to fill gaps in funding included in a small grouping of loan providers.
- Committed Partnership: loan providers usually would rather build relationships a task as soon as the deal is completely created; but, LPO encourages very early engagement during task development. LPO usually takes the right time and energy to dive deep and understand the task and its own technology. And after loan closing, LPO stays a valuable partner to borrowers for the entire time of a task.