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Funding Loans

Vinson & Elkins LLP

Texas Energy Fund Update

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On November 7, 2023, Texas voters approved a constitutional amendment creating the Texas Energy Fund (“TEF”). The TEF, which will be administered by the Public Utility Commission of Texas (“PUCT”) with assistance from a...more

Foley Hoag LLP

FDIC Creates Silicon Valley Bridge Bank, N.A. and Issues Updated FAQS

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The FDIC has also posted updated FAQs on its website confirming that direct deposits and autopay will continue to operate and that checks will continue to clear. Customers with lines of credit are instructed to contact...more

Snell & Wilmer

CHIPS Act Funding: Revamping U.S. Leadership in Semiconductor Manufacturing

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The Department of Commerce (the “Department”) announced the launch of the first Notice of Funding Opportunity (“NOFO”) under the CHIPS Act’s incentive program. This program aims to strengthen the U.S. semiconductor supply...more

Morrison & Foerster LLP

Financing Options in the Alternative Protein Industry

This article is Part B of the fifth alert in our series of alerts focussed on the alternative protein industry. While Part A provided an overview of financing options in the industry, this Part B considers a variety of key...more

Foley & Lardner LLP

Practical and Legal Considerations for Extending Cash Runway in a Changing Economy

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Bearing the Bear Market: Article 2 The funding environment for emerging companies has fundamentally shifted in 2022 for both venture capital and IPOs, particularly after a banner year in 2021. Whether these headwinds...more

Lerman Senter PLLC

Rural Utilities Service to Accept ReConnect Program Funding Applications

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A Funding Opportunity Announcement (“FOA”) has been published in the Federal Register announcing that the Rural Utilities Service (RUS) will accept applications for the second funding round in fiscal year 2022 for the...more

Troutman Pepper

MCA Participations and Securities Laws: Recognizing and Managing A Looming Threat

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Due to the high volume of relevant judicial decisions issued by New York courts over the past two years, the risk that enforceability of a merchant cash advance (MCA) contract might be successfully challenged as a disguised...more

Holland & Knight LLP

Section 9003 Biorefinery and Renewable Chemical Loan Program Gains Momentum - USDA Program Proves to Be Viable Commercialization...

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• The U.S. Department of Agriculture's 9003 Biorefinery, Renewable Chemical, and Biobased Product Manufacturing Assistance Program (Section 9003 Program) had an unprecedented year in 2017, issuing numerous conditional...more

Carlton Fields

Proposed Rule Changes to Florida’s Affordable Housing Allocation and Funding Process

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The Florida Housing Finance Corporation (“Florida Housing”) has proposed changes to its rules governing the affordable housing allocation and funding process. The changes are to Rule Chapters 67-21, 67-48, and 67-60, F.A.C....more

Dechert LLP

Old Wine in New Bottles: The Emergence of the P2P Small Business Lending Securitizations

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This last year has seen an uptick in activity in the peer to peer commercial loan market in the U.S., which, broadly speaking, includes loans made by non-traditional financing sources to small businesses (“P2P Commercial...more

Mintz - Energy & Sustainability Viewpoints

Admirals Bank Partners with SunPower for an Innovative Solar Power Loan Funding Program

Mintz Levin would like to congratulate our client, Admirals Bank, on partnering with SunPower Corp., the second largest U.S. solar-panel maker, to establish an innovative solar power loan funding program. Together, SunPower...more

Wilson Sonsini Goodrich & Rosati

USDA Announces $181 Million Loan Guarantee Authority Under the Section 9003 Biorefinery Assistance Loan Guarantee Program

On October 2, 2013, the United States Department of Agriculture (USDA) published a long-awaited Notice of Funding Availability (NOFA) for the Section 9003 Biorefinery Assistance Loan Guarantee Program (9003 Program). This...more

Foley & Lardner LLP

The Changing Landscape of Seed Stage Financing, Part III: Revisiting the Debt vs. Equity Dilemma

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In the third and final installment of this blog post series, we’ll return to last week’s question (Should I sell convertible debt or equity?), and consider the other side of the coin: choosing equity instead of debt. We’ll...more

Ballard Spahr LLP

Can New Jersey Bank On the Infrastructure Bank?

Ballard Spahr LLP on

The Northeast relies heavily on transportation for its day-to-day functions. Increasingly unpredictable climate changes, dense population, and rapidly aging infrastructure have made the ability to secure financial resources...more

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