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If my proposed project requires less than a $25 million loan, will it be cost-effective to participate in DOE’s Loan Guarantee Program given the amount of the fees?

April 26, 2017cost-effective DOE guarantee loan participate program project proposed requires

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If my proposed project requires less than a $25 million loan, will it be cost-effective to participate in DOE’s Loan Guarantee Program given the amount of the fees?

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The Department of Energy has offered conditional commitments for loan guarantees on projects less than $25 million. However, these kinds of projects are time and capital-intensive.Currently there are no special provisions for small business participation in the loan programs. However, the Program is working on an effort to address the capital needs of small to medium-size projects, which should allow sponsors and lenders to access longer-term debt markets and develop more diverse segments of the renewable market.