EXP Revolving Loan Fund (Connecticut)
Last modified on February 12, 2015.
|Applies to States or Provinces||Connecticut|
|Name||EXP Revolving Loan Fund (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|
|Program Administrator||Connecticut Department of Economic and Community Development|
|Information Source||http://www.ct.gov/ecd/cwp/view.asp?a=3931&q=489792, http://www.ct.gov/ecd/lib/ecd/EXP_Revolving_Loan_Slipsheet_%28Web%29_2012.pdf|
The EXP Revolving Loan Fund provides loans between $10,000 and $100,000 with a 4% interest rate for a maximum ten-year term. The loans may be used to purchase machinery and equipment, for construction or relocation costs, working capital, or other business-related expenses authorized by the Connecticut Department of Economic and Community Development.
|Contact Name||Michelle Peters|
|Department||Connecticut Department of Economic and Community Development|
Authorities (Please contact the if there are any file problems.)
|Authority 1:||Conn. Gen. Stat. 32-7g|