Loans for Refinancing Debt (New York)

From Open Energy Information

Last modified on February 12, 2015.

EZFeed Policy

Place New York

Applies to States or Provinces New York
Name Loans for Refinancing Debt (New York)
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 Non-Profit

Program Administrator New York Business Development Corporation
Primary Website

Last Review 2014-09-15


NYBDC provides Loans for Refinancing Debt. It can refinance up to 80% of the value of the business’s collateral, and the repayment period is tied to the assets’ viability. The program has a high loan to value ration and a long repayment schedule.

Policy Contact

Contact Name Patrick J. MacKrell
Department New York Business Development Corporation

Phone 1-800-923-2504