Solar & Battery Regulation & Incentive Programs

Small Business Revolving Loan Fund

Program Overview


Category:
Financial Incentive
Program Type:
Loan Program
Implementing Sector:
State
State:
Arkansas
Eligible Storage Technologies:
Comprehensive Measures/Whole Building
Website:
http://www.adeq.state.ar.us/poa/sba/envloans.htm
Maximum Loan:
Per loan: $45,000 Lifetime maximum per business: $65,000
Loan Term:
80% of prime interest rate, with a term of up to 10 years; available to profitable businesses with 100 or fewer employees
Administrator:
Arkansas Department of Environmental Quality
Applicable Sectors:
Commercial, Federal Government, Agricultural
Last Updated:
08/03/2020

Summary

The Arkansas Department of Environmental Quality (ADEQ) offers low-interest loans to small businesses to institute pollution control measures required by state or federal law, or to institute pollution prevention and waste reduction measures. Loans can be used to purchase equipment or make process changes to fulfill one or more of the activities:

  • Elimination or reduction of wastes, effluents, and emissions at the source
  • Conservation of natural resources
  • Reuse of materials and recycling
  • Procurement of environmentally preferable products

Loan applications can be found on the program web site or interested applicants can contact the Business Assistance section of the ADEQ.