Participating Loan Program (Connecticut)

This is the approved revision of this page, as well as being the most recent.
Jump to: navigation, search


Last modified on February 12, 2015.

EZFeed Policy

Place Connecticut


   

Name Participating 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.ctinnovations.com/participation-loans



Last Review 2014-05-23
Last Substantive Modification
to Summary
2014-05-23


Summary

CDA’s Participating Loan Program provides junior participating loans with private-sector lenders, contributing up to 50% of the principal balance, to companies unable to satisfy a lender’s standard loan underwriting criteria. Proceeds may be used the same as above. This program helps banks meet their client’s financing needs.



Policy Contact

Contact Name Janet M. Siegenthaler
Department Connecticut Development Authority





Phone 860.258.7816      




     
     


















References