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LPO has $17.7 billion in loan authority to guide the manufacture of qualified light-duty vehicles and components that are qualifying the Advanced Technology Vehicles Manufacturing Loan Program (ATVM), authorized by the vitality Independence and protection Act of 2007.
Up to now, this program has loaned $8 billion for tasks that have supported the creation of a lot more than 4 million higher level technology vehicles. Read more about LPO’s ATVM profile.
Read our fact that is two-page sheet an overview of exactly just just how LPO can fund car production tasks.
To find out more:
Exactly exactly just What value can bring as a LPO loan provider to my task?
ATVM is certainly one of three distinct loan programs administered by LPO, but all can offer a comparable value to borrowers:
- Use of Debt Capital: Through ATVM, LPO can offer use of financial obligation money this is certainly coming in at U.S. Continue reading “ADVANCED TECH VEHICLES MANUFACTURING LOAN SYSTEM”