OAQDA Request for Participation - Small Business Lender Network 2026 FINAL_2026.08.12.pdfOAQDA Request for Participation - Small Business Lender Network 2026 FINAL_2026.08.12.pdf

This is a Request for Participation document issued by the Ohio Air Quality Development Authority (OAQDA) seeking qualified financial institutions to join the Small Business Clean Air Program (SBCAP) Lender Network. The program aims to establish a network of lending partners that provides streamlined, standardized, and repeatable financing processes for Ohio small businesses with financing needs generally not exceeding $350,000. Participating lenders will work collaboratively to reduce legal and transaction costs, shorten closing timelines, and expand access to affordable capital and incentives offered through OAQDA and state partners. Qualified financial institutions are invited to express interest in participating as both participating lenders and bond purchasers for OAQDA revenue bonds for eligible small business projects.

Participation in the SBCAP Lender Network does not obligate any financial institution to finance transactions, as each lender retains full authority over its credit underwriting, loan approval, and lending decisions. The network operates on a voluntary basis with participating lenders determining whether to serve as bond purchasers to OAQDA revenue bonds on a case-by-case basis. This structure allows for flexibility while creating a coordinated network of financing partners dedicated to supporting small business access to capital for projects that improve air quality. The program represents a collaborative approach between OAQDA, state partners, and participating financial institutions to achieve environmental and economic development objectives across Ohio.