Westar Trade Resources Blog

Loan Guarantees - Am I Ready? What attracts lenders?

Posted by Cindy Thyfault

USDA Biorefinery Loan Guarantee Program - Am I ready? What makes projects attractive to lenders?

 It's Thursday! Register here. 

Last year we had several webinars on Loan Guarantees, and the response was amazing. So, I've set up a new webinar for tomorrow to address further topics aimed at helping you get your board of directors, senior management team, investors and partners focused on the right winning strategy during a loan guarantee process such as Section 9003. 


The 2014 Farm Bill provides for support of Advanced Biofuels, Renewable Chemicals, and Biobased Product Manufacturing by providing loan guarantees for up to $250 million. The next submission date for applications is April 3, and the USDA has funding available and is actively looking for new applications. This webinar will cover these questions and offer helpful information to allow potential applicants to develop a competitive application.

How can I know if my project will qualify?

What should a successful pro-forma look like when oil prices are so low and predictions of future incentives so unpredictable? 

What makes a project attractive to a lender?

Is my project technically ready?

Deal Jeopardy - what are some common application pitfalls?

  

 Thursday, January 26, 2016, 12-1pm ET 

 

To join me for this free webinar just click on the links here, or below. It'll be the best hour you'll invest all week if you are seeking project funding or planning to do so in the future.

My co-presenters are:

   

Cindy Thyfault
Founder & CEO, Westar Trade Resources

Cindy Thyfault and Westar have a 21 year track record of assisting companies to access over $1.2 billion in federal loan and grant applications. Westar has also assisted 14 companies with feasibility studies and successful loan guarantee applications for the 9003 Program since its inception in 2009, including Sapphire Energy, Ensyn, Fulcrum, and Cool Planet.

 

   

Todd Hubbell
Chief, Technology Branch, USDA Rural Development

Todd Hubbell is the Technology Branch Chief in Energy Programs within the USDA Rural Business- Cooperative Service.  Energy Programs administers the Biorefinery, Renewable Chemical and Biobased Product Manufacturing Assistance Program (9003 Program) for financing /supporting biorefineries and the development of advanced biofuels, renewable chemicals and biobased product manufacturing facilities and the Rural Energy for America Program (REAP), to support energy efficiency improvement projects and renewable energy systems for rural small business and farmers and ranchers. 

 

   

Jeremy Gilpin
Vice President Business Services, Greater Nevada Credit Union
 

23 years of banking experience with 20 years of providing guaranteed lending through USDA B & I, REAP, FSA, USDA 9003, and SBA. Mr. Gilpin has closed and serviced over $200 million in USDA Business and Industry, REAP, and IRP RLF loans over the past 10 years across the nation. In addition, Mr. Gilpin provided USDA and SBA loan services for banks in the Mid-West. Mr. Gilpin currently sits on the governmental guidance committee, as well as the Executive Board of Directors, for the National Rural Lenders Association, an association that works directly with the USDA national directors as well as political leaders to ensure that financing options remain viable and available to rural communities.

Best regards,

Jim Lane 

Editor & Publisher 

The Digest 

jlane@biofuelsdigest.com 

786-393-8530

Topics: USDA Financing, USDA 9003 loan guarantee, USDA Biorefinery Loan