Difference between revisions of "Athens-Clarke County - Green Business Revolving Loan Fund (Georgia)"

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|Incentive/Type=Local Loan Program
 
|Incentive/Type=Local Loan Program
 
|Incentive/Name=Athens-Clarke County Green Business Revolving Loan Fund
 
|Incentive/Name=Athens-Clarke County Green Business Revolving Loan Fund
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|Incentive/UserSource=DSIRE<ref name='DSIRE'>{{cite web | url=http://www.dsireusa.org | title=Database for Renewables & Efficiency}}</ref>
 
|Incentive/Active=Yes
 
|Incentive/Active=Yes
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|Incentive/ProgAdmin=Athens-Clarke County Department of Human and Economic Development
 
|Website=http://www.athensclarkecounty.com/
 
|Website=http://www.athensclarkecounty.com/
 
|Incentive/ApplDsc=Commercial
 
|Incentive/ApplDsc=Commercial
|Incentive/TechDsc=Windows, Doors, Processing and Manufacturing Equipment, Agricultural Equipment, Yes; specific technologies not identified, Solar Water Heat
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|techdscEE=Windows, Doors, Processing and Manufacturing Equipment, Agricultural Equipment
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|techdscRE=Solar Water Heat
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|Incentive/TechDscOther=Yes; specific technologies not identified
 
|Incentive/ImplSector=Local
 
|Incentive/ImplSector=Local
 
|Incentive/EnergyCat=Renewable Energy Incentive Programs, Energy Efficiency Incentive Programs
 
|Incentive/EnergyCat=Renewable Energy Incentive Programs, Energy Efficiency Incentive Programs
|References=DSIRE<ref name='DSIRE'>{{cite web | url=http://www.dsireusa.org | title=Database for Renewables & Efficiency}}</ref>
 
|DSIRE/Id=GA59F
 
|DSIRE/DtAdd=2010-10-29
 
|DSIRE/LstUpdt=2010-10-29
 
|Incentive/DsireSyncDate=2011-04-30 14:59:00
 
 
|Incentive/Amt=1,000-50,000
 
|Incentive/Amt=1,000-50,000
 
|Incentive/MaxInc=50,000<br>
 
|Incentive/MaxInc=50,000<br>
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Prime interest rate + 2%<br>
 
Prime interest rate + 2%<br>
 
Term length: 2 years
 
Term length: 2 years
|Incentive/ProgAdmin=Athens-Clarke County Department of Human and Economic Development
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|Incentive/Summary=Athens-Clarke County has created a Green Business Revolving Loan Fund for new or existing businesses. Funding is available for implementing eco-friendly products or services into a business or making business practices more efficient. Loans cannot be used for inventory or refinancing existing debt. New businesses are required to have a business plan in place including financial projections. Working capital loans are limited to $5,000 with an interest rate of 2% more than the prime and a loan term of 1 year. All other loans are limited to $50,000 with unspecified interest rates at or below the prime rate. These term length of non-working capital loans is an average of 3-5 years.
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Interested businesses should contact Community Economic Development Coordinator Teri Evans at (706) 613-3748 or tevans@co.clarke.ga.us.
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|References=DSIRE<ref name='DSIRE'>{{cite web | url=http://www.dsireusa.org | title=Database for Renewables & Efficiency}}</ref>
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|DSIRE/Id=GA59F
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|DSIRE/DtAdd=2010-10-29
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|DSIRE/LstUpdt=2010-10-29
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|Incentive/DsireSyncDate=2011-04-30 14:59:00
 
}}
 
}}
 
 
{{Incentive Authority
 
{{Incentive Authority
 
|Incentive/AuthLink=http://www.dsireusa.org/documents/Incentives/GRLF Information Flyer.pdf
 
|Incentive/AuthLink=http://www.dsireusa.org/documents/Incentives/GRLF Information Flyer.pdf
 
|Incentive/AuthCode=Green Business Revolving Loan Fund Flyer
 
|Incentive/AuthCode=Green Business Revolving Loan Fund Flyer
 
}}
 
}}
 
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{{DsireReference}}
Athens-Clarke County has created a Green Business Revolving Loan Fund for new or existing businesses. Funding is available for implementing eco-friendly products or services into a business or making business practices more efficient. Loans cannot be used for inventory or refinancing existing debt. New businesses are required to have a business plan in place including financial projections. Working capital loans are limited to $5,000 with an interest rate of 2% more than the prime and a loan term of 1 year. All other loans are limited to $50,000 with unspecified interest rates at or below the prime rate. These term length of non-working capital loans is an average of 3-5 years.
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{{ReferencesHeader}}
Interested businesses should contact Community Economic Development Coordinator Teri Evans at (706) 613-3748 or tevans@co.clarke.ga.us.
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{{SetHeaderTabs}}
 
 
==References==
 
<references/>
 

Revision as of 08:56, 1 May 2011

Summary

Last modified on May 1, 2011.

Financial Incentive Program

Place Georgia


Name Athens-Clarke County Green Business Revolving Loan Fund
Incentive Type Local Loan Program
Applicable Sector Commercial
Eligible Technologies Windows, Doors, Processing and Manufacturing Equipment, Agricultural Equipment, Solar Water Heat, Yes; specific technologies not identified
Active Incentive Yes
Implementing Sector Local
Energy Category Renewable Energy Incentive Programs, Energy Efficiency Incentive Programs
Amount 1,000-50,000








Maximum Incentive 50,000

Working capital loans:5,000





Terms Non-working capital loans

Prime or below prime interest rates
Average term length: 3-5 years
Working capital loans
Prime interest rate + 2%
Term length: 2 years

Program Administrator Athens-Clarke County Department of Human and Economic Development
Website http://www.athensclarkecounty.com/


References DSIRE[1]


Summary

Athens-Clarke County has created a Green Business Revolving Loan Fund for new or existing businesses. Funding is available for implementing eco-friendly products or services into a business or making business practices more efficient. Loans cannot be used for inventory or refinancing existing debt. New businesses are required to have a business plan in place including financial projections. Working capital loans are limited to $5,000 with an interest rate of 2% more than the prime and a loan term of 1 year. All other loans are limited to $50,000 with unspecified interest rates at or below the prime rate. These term length of non-working capital loans is an average of 3-5 years. Interested businesses should contact Community Economic Development Coordinator Teri Evans at (706) 613-3748 or tevans@co.clarke.ga.us.

Authorities (Please contact the if there are any file problems.)

Authority 1: Information Flyer.pdf Green Business Revolving Loan Fund Flyer


















  • Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.[1]

References

  1. 1.0 1.1  "Database for Renewables & Efficiency" Cite error: Invalid <ref> tag; name "DSIRE" defined multiple times with different content