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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 vitality Independence and safety Act of 2007.
Up to now, this system has loaned $8 billion for projects which have supported the creation of significantly more than 4 million higher level technology automobiles. Read more about LPO’s ATVM profile.
Read our two-page reality sheet for a summary of just exactly how LPO can fund car production jobs.
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Exactly just exactly What value can bring as a LPO lender to my task?
ATVM is certainly one of three loan that is distinct administered by LPO, but all can offer an identical 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 car production tasks 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 restricted recourse task 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 frequently would rather build relationships a task if the deal is completely created; but, LPO encourages very early engagement during project development. LPO may take the time for you to plunge deep and understand the task and its own technology. And after loan closing, LPO stays a partner that is valuable borrowers through the whole entire time of a task.
- Specialized Experience: LPO keeps an in-house group of economic, technical, appropriate, and ecological specialists which has expertise with first-of-kind jobs and a number of deal structures. Up to now, LPO has furnished significantly more than $30 billion with debt financing. Leggi tutto “ADVANCED TECHNOLOGY VEHICLES MANUFACTURING LOAN SYSTEM”