Angels Lending Group presents options for projects in conformance with The Pollution Prevention Act
May 25th, 2009“Angels Lending Group reorganized its portfolio appropriations for the third quarter of 2009 by proclaiming at least 25% of its 20 billion dollar appropriation will be reserved for supporters of the EPA’s Pollution Prevention Act.”
The Pollution Prevention Act establishes the national policy that pollution should be prevented or reduced at the source whenever feasible. Preventing pollution offers important economic benefits, as pollution never created avoids the need for expensive investments in waste management or cleanup.
Pollution prevention is reducing or eliminating waste at the source by modifying production processes, promoting the use of non-toxic or less-toxic substances, implementing conservation techniques, and re-using materials rather than putting them into the waste stream.
The EPA has put forth a number of programs designed to educate manufacturers on industrial processes that prevent pollution by saving energy, encourage environmentally preferable purchasing, and provide technical assistance to state agencies and businesses.
Angels Lending Group has taken these programs into consideration at its underwriting department, and made special notations to look for in their submissions.
“We’ve had the pass down from our President that we want to make sure our projects are undergoing the correct scrutinization. This wish has translated to the review of government policies and protocols. The review of our government policies are always well done, and it provides a great deal of in sight on these issues. We of course appropriate them where we can and incorporate them where applicable.”
Angels Lending Group has taken a key note to reflect our government’s desire for a greener economy, a greener country, and a greener policy in the private sector. Angels Lending Group has taken promotional steps to give out recommendations. These recommendations try to shed light on what Businesses can do to reflect these policies. Recommendations include the advocating of the EPA’s “Best Management Practices”.
Best management practices are methods that have been determined to be the most effective and practical means of preventing or reducing pollution. These practices are often employed in agriculture, forestry, mining and construction. The EPA (working with partners in industry and the academic community) have established the best published management practices for soil erosion, wastewater treatment, fuel storage, pesticide and fertilizer handling (to include the management of livestock yards). The ultimate goal of these practices is to increase efficiency while reducing pollution.
Angels Lending Group made a point to stress the importance of businesses understanding these new goals.
“We’re constantly keeping up with the new government policies for green projects, renewable energies, and humanitarian guidelines. It’s important for borrower’s to recognize the government’s requirements as well. This will ensure borrowers receive the best results when going through our underwriting procedures.” said Jamie Stevenson, Senior Operations of Angels Lending Group.
Angels Lending Group Corporation is a Private Lending Institution that works with Federal Governing Regulatory Bodies to utilize the Institutional Side of Banking with company funds to facilitate Green & Humanitarian Based Loans to Borrowers.
