Anaerobic Digester Loans
Flexible Lending Options
for Anaerobic Digesters
Some forms of renewable energy are straight forward. The sun emits heat; the wind, force. But others produce power in non-obvious ways. Consider sewage. Animal manure, sewage sludge, and food scraps are more powerful than one might think. When such discarded materials degrade, they put off gases that can be captured and used as fuel. This process, known as anaerobic digestion, can be captured in a facility called an anaerobic digester.
Inside its oxygen-free environment, biogas is created as materials break down, leaving methane (CH4) and carbon dioxide (CO2) in their wake. After carbon dioxide is removed, methane—the main ingredient in natural gas—remains. Its impact? Sustainable food production, farm-community relationships, rural economic growth, new jobs, diversied farm revenue, and energy independence. Translation: nothing wasted.
LOAN DETAILS
- Finance up to 80% of Eligible Project Costs
- $2 Million - $25 Million Loan Amounts
- USDA REAP Loans
Winery & Vineyard Loans through the USDA Business & Industry Loan Program
Eligible Loan Types for Wineries & Vineyards
Acquisition
Business Conversion
Expansion
Ground Up Construction
Machinery & Equipment
Real Estate Purchase
Refinance
Startup
USDA SBA Combination
Working Capital
Turning Waste into Resources
According to historians, the potential of anaerobic digestion was discovered in the 17th century when Jan Baptita van Helmont noticed that decaying organic matter could produce ammable gasses. Anaerobic digestion facilities, on the other hand, are a more recent invention. Most common to livestock farms, some European facilities have been in operation for 20 or so years, while American facilities are just gaining ground. Many farmers are discovering the value of adding an anaerobic digester to current standing farms/cattle yards in order to diversify farm revenue.
If an anaerobic digester is installed in a rural location, it can benefit from special financing from the USDA. The government agency more commonly known for its service to agriculture also backs a government-guaranteed lending program specifically for rural energy projects – no agricultural component required. The USDA-backed loans range from $2 million to $25 million.
Lending Solutions for Anaerobic Digesters
Why Choose North Avenue Capital?
Availability of Capital
As a rural business, you could qualify for up to $25 million in funding per project – substantially more than is available through traditional lenders.
Interest-Only Options
Startup-Friendly
NAC partners with businesses of all varieties, including well-established corporations, startup enterprises, and everything in between.
Simplified Structure
NAC can consolidate multiple types of debt into a single, amortized, non-callable, balloon-payment-free loan structure.