Loans for Refinancing Debt (New York)
Last modified on February 12, 2015.
|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|
|Program Administrator||New York Business Development Corporation|
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.
|Contact Name||Patrick J. MacKrell|
|Department||New York Business Development Corporation|