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What SmartWay Can Do For You:
Innovative Financing

newIn September 2008, EPA awarded $3.4 million in grants to provide financial assistance for truckers under the SmartWay Clean Diesel Finance Program.  These innovative loans will help small trucking firms lower their fuel costs and their carbon footprint by purchasing newer used trucks and idling and emissions reduction technologies.  Click here for details on the grantees and information on access to funding.

While a wide variety of technologies exist to reduce fuel costs for trucking companies, many companies lack the up-front investment capital to benefit from them.

To help more companies start saving fuel and money while reducing the emissions produced by their trucks, SmartWay Transport provides information on lending institutions that offer Cleaner Truck, Trailer, and Technology Loans.

If you are interested in obtaining a loan for a SmartWay Certified Tractor, SmartWay Certified Trailer or SmartWay approved fuel savings and emissions reducing technologies, you can submit a loan application at the www.SmartwayFinanceCenter.com Exit EPA disclaimer website. This website allows you to submit one, simple, free application which is distributed to participating lenders for their consideration.  Multiple lenders will review your application, and they may send you an offer for a loan or lease.  You get to decide which offer(s), if any, best meets your needs.  You are not obligated to accept any offers.  Any loan or lease offers are from private lenders and do not constitute Federal government loans.  Further, private lenders may assess fees for issuing loans.

Please note, EPA does not endorse the products or services of commercial companies. Any reference to a specific commercial product or service by trade name, trademark, manufacturer, company or otherwise does not constitute or imply the endorsement or recommendation of the U.S. Environmental Protection Agency.  The financial institutions and their loan programs listed are not government loans.  If you obtain a loan from any of these financial institutions, you are subject to their terms and conditions. 

Take a closer look at some of the benefits, technologies, and strategies:

Benefits

 

  • Access to affordable loans for upgrades
  • Technologies bundled and packaged for easy access

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Technologies, Strategies and Policies

  • Upgrade Kits
  • Equipment Financing
  • Other national and state financing options

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