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LPO has $17.7 billion in loan authority to aid the make of qualified light-duty vehicles 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 jobs which have supported the creation of significantly more than 4 million advanced level technology automobiles. Read more about LPO’s ATVM portfolio.
Read our fact that is two-page sheet a summary of exactly how LPO can fund car manufacturing jobs.
To find out more:
Just 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 provides a similar value to borrowers:
- Use of Debt Capital: Through ATVM, LPO can offer use of financial obligation money that is coming in at U.S. Treasury prices for automobile manufacturing jobs in the usa.
- Versatile, Custom Financing: LPO can offer funding that meets the precise requirements of individual borrowers. LPO has experience with corporate, structured business, and restricted recourse task finance loans. Furthermore, LPO has ability to fund big tasks as being a single loan provider or to fill gaps in funding included in a band of loan providers.
- Committed Partnership: loan providers frequently like to build relationships a task whenever deal is completely formed; nevertheless, LPO encourages engagement that is early task development. LPO usually takes the time and energy to plunge deep and understand the task and its own technology. And after 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 economic, technical, legal, and ecological specialists that features expertise with first-of-kind jobs and a number of deal structures. Continue reading “ADVANCED TECH VEHICLES PRODUCTION LOAN SYSTEM”