SmartWay Unveils Web Site for Competitive Loans - Tire Review Magazine

SmartWay Unveils Web Site for Competitive Loans

EPA’s SmartWay Transportation Partnership is kicking off a new Web-based finance clearinghouse program at its booth during the 2008 Mid-America Trucking Show.

Computer kiosks are on hand for buyers of clean trucks and other emissions and fuel saving technologies to submit one application and have multiple lenders compete for their business.

The program is designed to encourage the purchase and use of eco-friendly tractors, trailers and components by helping facilitate financing of the purchases by owner-operators and smaller fleets.

Through the Web site – www.smartwayfinancecenter.com – private lenders can view the free applications from buyers seeking cleaner and more fuel-efficient vehicles and equipment. They then contact applicants with offers. Owner-operators and small fleets can also apply by phone at 877-767-8875.

“We’re really targeting the owner-operators with this program,” says Paul Bubbosh of the EPA. “They are the ones hardest hit by today’s fuel costs.” (Tire Review/Akron)

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