We provide solutions to bridge the gap between your financial needs and conventional bank financing."

Recycling Loan Fund
  • Loans from $50,000 to $300,000
  • Terms up to ten years
  • Direct loans to solid waste recycling or re-use businesses
  • For permanent working capital, refinancing, and real estate, machinery & equipment, and acquisition financing

Direct Loans for Businesses Involved in Recycling.

Loans to recycling-related businesses are often perceived as riskier because of regulatory uncertainties and rapid changes in supply and demand for commodity-based products. Such companies may have difficulty obtaining conventional financing. The Recycling Loan Fund was created to increase access to capital by providing direct loans to qualifying recycling businesses. The RLF, funded through the Massachusetts Executive Office of Environmental Affairs and the Department of Environmental Protection, is administered by BDC Capital.

Many Types of Businesses Qualify.

Recycling companies, subsidiaries or units that qualify are those whose primary purpose involves:

  • Collecting or separating recyclable materials for resale
  • Reuse, processing, composting or converting of recyclable materials into marketable products
  • Manufacturing products that use recycled materials
  • Wholesaling or retailing of recycled feedstocks or products containing a significant percentage of recycled materials.

In addition, qualifying companies must operate in Massachusetts and be unable to obtain complete financing from conventional sources.

Loans from $50,000 to $300,000.

The Recycling Loan Fund offers fixed or floating rate loans for terms of up to 10 years. Loans can range in size from $50,000 to $300,000 or more and can be used for any reasonable business purpose.


Low-Cost Capital for Construction & Demolition Debris and Organics Firms

For Massachusetts companies that recycle construction and demolition debris or organicwaste, fixed rates as low as 4% are available on loans from $50,000 to $500,000. The RLF Fixed Rate Program is designed to provide up to 90% financing to these types of companies in conjunction with a conventional lender for the purchase of equipment or real estate required for recycling or re-use purposes. Financing is structured so that a conventional lender provides up to 50% of the total project cost, the RLF provides up to 40% (or $500,000, whichever is less) at a below-market rate and in a junior secured position, with the recipient contributing at least 10% of the project cost as equity.