Line-of-Credit to Term Loans (Connecticut)
Last modified on July 2, 2013.
|Name||Line-of-Credit to Term Loans (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|
|Implementing Sector|| State/Province
|Program Administrator||Connecticut Development Authority|
|Primary Website|| http://www.ctcda.com/Financing/Loans_and_Guarantees/LINE_OF_CREDIT_TO_TERM_LOANS/
|Last Review|| 7/2/13
CDA’s Line-of-Credit to Term Loans good for one year for capital expenditures, converting to a fully amortizing term loan. Funds may be used for building expansion, equipment, or IT upgrades.
|Contact Name||Janet M. Siegenthaler|
|Department|| Connecticut Development Authority