The Closed Loop Infrastructure Fund accepts applications for U.S.-based projects on a rolling basis and provides below-market rate loans to municipalities and companies to improve recycling infrastructure.
Eligible Recipients:
TBA
Eligible Projects:
Applications are evaluated based on the following criteria:
- Project must be based in the U.S.
- Greenhouse gas emissions reduced/avoided
- Materials diversion from disposal
- Applicant’s ability to repay
- Replicability and scalability of the project or model
- Amount of increase in access to or participation in recycling
- Amount of increase in the recovery and/or reuse of post-consumer commodities (i.e., plastics, paper, glass, or metal)
- Economic benefit(s) to the community(ies) served by the project or company
- Ability for the applicant and/or project to leverage additional sources of capital
Funding Source:
Closed Loop Partners
Funding Amount:
- We provide zero interest loans to municipalities and below market rate loans to private companies.
- Typical loan size is $3-$5M over a 3-10 year term, with each loan secured by collateral.
- We invest in best-in-class operators who are leaders in their industry in the United States.
Funding Deadline:
Applications accepted on a rolling basis
Contact:
Apply on website
More Information:
https://www.closedlooppartners.com/funds/apply-for-funding/closed-loop-infrastructure-fund/