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LPO has michigan installment loans $17.7 billion in loan authority to aid the make of qualified light-duty automobiles and qualifying components under the Advanced Technology Vehicles Manufacturing Loan Program (ATVM), authorized by the vitality Independence and protection Act of 2007.
Up to now, this system has loaned $8 billion for tasks which have supported the creation of significantly more than 4 million advanced level technology automobiles. Find out more about LPO’s ATVM profile.
Read our two-page reality sheet for a synopsis of just how LPO can fund automobile production projects.
To learn more:
Just exactly What value can LPO bring as being a loan provider to my project?
ATVM is one of three distinct loan programs administered by LPO, but all can provide a comparable value to borrowers:
- Usage of Debt Capital: Through ATVM, LPO can offer usage of financial obligation money that is coming in at U.S. Treasury prices for automobile production jobs in the us.
- Versatile, Custom Financing: LPO provides funding that fits the particular requirements of specific borrowers. LPO has knowledge about corporate, structured business, and restricted recourse task finance loans. Also, LPO has ability to finance big jobs as being a lender that is sole to fill gaps in funding as an element of a small grouping of loan providers.
- Committed Partnership: loan providers usually would rather build relationships a task once the deal is completely created; nevertheless, LPO encourages engagement that is early task development.Read More