Alternative Fuel Vehicle (AFV) Revolving Loan Program for Private Entities

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The South Carolina Business Development Corporation provides low interest loans for a variety of energy efficiency improvements, including AFV conversions and incremental costs, with qualified project payback periods. Eligible recipients include businesses and industries; utilities, and non-profit organizations. Government entities may be eligible under special conditions. The loan may cover up to 100% of the project costs ranging from $50,000 to $1 million. Repayment terms vary. For more information, including application deadlines, see the Energy Efficiency Revolving Loan website. (Reference South Carolina Code of Laws 48-52-650)