Difference between revisions of "Guaranteed Loan Program (Connecticut)"

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|Incentive/Summary=The Guaranteed Loan Program also helps private-sector lenders meet their client’s financing needs. CDA guarantees can cover up to 40% of the principal balance in case of a loss.  Proceeds may be used the same as above, and also for performance guarantees and to finance foreign trade or receivables.
 
|Incentive/Summary=The Guaranteed Loan Program also helps private-sector lenders meet their client’s financing needs. CDA guarantees can cover up to 40% of the principal balance in case of a loss.  Proceeds may be used the same as above, and also for performance guarantees and to finance foreign trade or receivables.
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|Incentive/ContName=Janet M. Siegenthaler  
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|Incentive/ContName=Janet M. Siegenthaler
|Incentive/ContDept=Connecticut Development Authority  
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|Incentive/ContDept=Connecticut Development Authority
|Incentive/ContPhone=860.258.7816        
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Revision as of 14:07, 2 July 2013


Last modified on July 2, 2013.

EZFeed Policy

Place Connecticut



Name Guaranteed Loan Program (Connecticut)
Policy Category Financial Incentive
Policy Type Loan Program
Affected Technologies Biomass/Biogas, Coal with CCS, Concentrating Solar Power, Energy Storage, Fuel Cells, Geothermal Electric, Hydroelectric, Hydroelectric (Small), Natural Gas, Nuclear, Solar Photovoltaics, Tidal Energy, Wave Energy, Wind energy
Active Policy Yes
Implementing Sector State/Province














Program Administrator Connecticut Development Authority
Primary Website http://www.ctcda.com/Financing/Loans_and_Guarantees/GUARANTEED_LOANS/


Last Review 7/2/13



Summary

The Guaranteed Loan Program also helps private-sector lenders meet their client’s financing needs. CDA guarantees can cover up to 40% of the principal balance in case of a loss. Proceeds may be used the same as above, and also for performance guarantees and to finance foreign trade or receivables.


Policy Contact

Contact Name Janet M. Siegenthaler
Department Connecticut Development Authority



Phone 860.258.7816      




















References