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The Closed Loop Fund is accepting proposals for below market loans for cities and companies to improve recycling infrastructure.

What We Do

  • We fund replicable, scalable, and financially sustainable recycling infrastructure and innovation projects across four primary categories:
    • Collection
    • Sortation
    • Processing
    • End product manufacturing

How We Do It

  • We provide zero interest loans to municipalities and below market rate loans to private industry. Loans vary in size from $1-$7M over a 1-6 year period. Please note that each asset-based loan is secured by collateral.
  • We invest in best-in-class operators who are leaders in their industry and primarily focused in the United States.

The Criteria

  • Applications are evaluated based on the following criteria: Greenhouse gas emissions reduced/avoided, diversion from landfill, ability to repay, replicability and scalability of the project or model, increased access or participation in recycling, increased recovery and/or reuse of post-consumer commodities (i.e., plastics, paper, glass, or metal), economic benefit to communities, and ability to leverage other sources of capital.

What You Get, If Approved

  • Loan capital (with potential for follow-on investment), technical support and advice, access to industry expertise, promotion as a case study example

QUESTIONS?

Email us at [email protected].

REQUEST FOR PROPOSALS

Expanding Polypropylene (PP) Plastic Recycling Markets and Infrastructure
Closed Loop Fund (CLF) is requesting proposals for projects that collect, sort, and/or process post-consumer PP plastic.

For more details on criteria, loan size and how to apply, click here

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