Ohio Procurement Portal #SRC0000041223

Ohio Air Quality Development Authority Seeks Financial Institutions for Small Business Clean Air Program Lender Network

This opportunity seeks to expand the Ohio Air Quality Development Authority's (OAQDA) Small Business Clean Air Program (SBCAP) lender network. - Government Buyer: - Ohio Air Quality Development Authority (OAQDA) - Program Overview: - OAQDA is inviting qualified financial institutions to join the SBCAP as participating lenders and bond purchasers - The program supports Ohio small businesses seeking financing for clean air projects, typically for amounts of $350,000 or less - Products/Services Requested: - Financial institutions to provide lending and bond purchasing services for small business clean air projects - Use of standardized, repeatable financing processes and bond documents - Notable Requirements: - Lenders retain full authority over credit underwriting and lending decisions - Participation does not obligate lenders to finance any transaction - Institutions must detail their experience, loan products, and willingness to use standardized documents - No OEMs or product vendors are specified, as this is a financial services opportunity - The opportunity is open for institutions to join through June 30, 2027

Description

The Authority invites qualified financial institutions to express interest in participating in the Small Business Clean Air Program (SBCAP) as a participating lender and bond purchaser. The objective is to create a network of lending partners with a streamlined, standardized, and repeatable financing process that reduces legal and transaction costs, shortens closing timelines, and allows more Ohio small businesses with financing needs of generally $350,000 or less to benefit from affordable capital and incentives. Participation does not obligate a lender to finance any transaction, and each lender retains full authority over its credit underwriting, loan approval, and lending decisions. The solicitation is ongoing through June 30, 2027, and interested institutions should respond via email with specified information about their institution and lending experience.

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