← All states
Alternative Energy Revolving Loan Program (AERL Program)
Montana — state programSee programDeadline: rolling
A revolving loan fund administered by Montana DEQ that provides loans to individuals and businesses for alternative energy and energy conservation projects. Funds are restricted to qualified expenditures such as engineering services, equipment, installation costs, and energy conservation products installed in conjunction with an alternative energy system. Loans are scored and ranked quarterly based on energy production, geographic diversity, borrower diversity, project diversity, and financial need.
Program details
- Type
- loan
- Deadline
- rolling
- Eligibility
- Individuals and businesses proposing alternative energy or energy conservation projects in Montana; projects must not be already completed; loan security (junior lien on real property or other arrangement) required except for highly qualified borrowers who may receive unsecured loans.
- Status
- open
- Administrator
- Montana Department of Environmental Quality (DEQ) / Montana Business Assistance Connection (MBAC)
Source: Montana — state program. Confirm current terms with the administering agency before applying.