ENVIRONMENTAL SPECIFIC FINANCING SOURCES
SMALL BUSINESS ADMINISTRATION (SBA)
Specialized 7(a): Pollution Control
DESCRIPTION:
The 7(a) Loan Guaranty Program is one of SBA's primary lending programs. It facilitates loans to small businesses unable to secure financing on reasonable terms through normal lending channels. The program operates through private-sector lenders that provide loans that are, in turn, guaranteed by the SBA -- the Agency has no funds for direct lending or grants.
ELIGIBILITY:
Must be a small business (contact SBA for exact guidelines)
- Must operate for profit
- Must be engaged in, or propose to do business in the United States
- Have reasonable owner equity to invest
- Use alternative financial resources first, including personal assets
PURPOSE:
Pollution Control Loans are intended to provide loan guarantees to eligible small businesses for the financing of planning, design, or installation of a pollution control facility. The facility must prevent, reduce, abate, or control any form of pollution, including recycling.
Up to $1,000,000, with an SBA guarantee of a maximum of 75% or $750,000
CONTACT:
Colorado District Office
Contact: Mr. Charles Brown
Phone: (303) 844-3461 ext. 222
Fax: (303) 844-6539
