Small Business Truck Loans
for SmartWaySM Transport
Fuel-Saving Technologies
Transport Partnership
U.S. ENVIRONMENTAL PROTECTION AGENCY
The U.S. Environmental Protection
Agency's (EPA) SmartWay Transport
Partnership is using Small Business
Administration (SBA) lending
programs to help small trucking
companies save fuel and reduce
pollution.
SmartWay Transport is partnering with
participating lenders to provide small
trucking companies with financial support to
help purchase SmartWay Upgrade Kits.
These kits are fuel-saving and emission-
reducing technologies that are both good for
the environment and for business.
SmartWay Upgrade Kits
EPA has tested a set of technologies that are
designed to cost-effectively reduce fuel
consumption and save you money (see
Table). The SmartWay Upgrade Kit consists
of an idle reduction device, low rolling
resistance tires, and tractor and trailer
aerodynamics. Combined, this kit can save
you almost $8000 per year in fuel costs, or
over $300 per month above the monthly cost
of the loan.1
Financial Assistance
Participating lenders can offer affordable
monthly payments for the purchase of the
SmartWay Upgrade Kit, or its individual
components. Companies with $23.5 million
in gross receipts or less are eligible for these
SBA Express Loans. Lenders offer a rapid
approval process, low monthly payments and
no collateral requirements. Typical loans
range from $5,000 to $25,000.
SmartWay Fuel-Saving Upgrade Kit -
Transform your trucks into high-efficiency, low-
emission vehicles with:
> Idle reduction technology
> Low rolling resistance tires
> Tractor and/or trailer aerodynamics
> Exhaust aftertreatment devices
To compare costs and estimate fuel savings from
these technologies, visit the SmartWay Upgrade
Kit Calculator at
www.epa.gov/smartway/calculator/loancalc.htm.
Features:
• Flexibility ~ Custom design a package
including technologies that best match your
fleet operations and achieve the greatest fuel
savings.
• Attractive Return on Investment ~
Depending on technologies selected and the
operation of your trucks, fuel savings may
range from 10-15%.
• Exceptional Loan Terms ~ These SBA
Express loans feature rapid approval, minimal
paperwork, and no collateral. Contact a
participating lender for details on the interest
rates, length of loan, and maximum loan
amount (typically $25,000).
• Eligibility - Companies with $23.5 million in
gross receipts or less are eligible for these
loans.
U.S. EPA SmartWay Transport Partnership
Contact: Annie Kee at 202-343-9218 or
SmartWay Info Line at 734-214-4767
For participating lenders, please visit
www. epa. gov/smartway
October 2006 • EPA420-F-06-903
1 Assumes a 5 year loan of $17,400, 12.5% interest
rate, and Class 8 truck driving 100,000 miles per year.
The U.S. Environmental Protection Agency cannot endorse the products or services of commercial companies. Any
reference to a specific commercial product or service by trade name, trademark, manufacturer, company or
otherwise, does not constitute or imply the endorsement or recommendation of the U.S. Environmental Protection
Agency.
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Table: Overview of Fuel-Saving and Emission-Reduction Technologies
Disclaimer: The benefits described in this document are estimations only, which are based on a number of assumptions. Actual fuel savings and emission
reductions may be higher or lower; they will depend on a variety of factors, including equipment type, driver performance, distances traveled, and vehicle speed.
Technology
Description
Approximate Cost
Benefits2
Idle Reduction Device
- Bunk Heater
Small, lightweight, diesel fuel-fired device mounted
in the cab that provides heat for cab comfort. Does
not include any air conditioning capabilities.
$1,500
Approximately 5% fuel savings
assuming 1,200 hours of idling
per year
Additional reduction in engine
wear-and-tear
Idle Reduction Device
- Auxiliary Power Unit
Small diesel-powered generator mounted outside the
cab that provides heat, air-conditioning, and
electrical power to run appliances.
$6,000 - $8,500
Approximately 8% fuel savings
assuming 2,400 hours of idling
per year
Additional reduction in engine
wear-and-tear.
Aluminum Wheels for
Single Wide Tires
Traditional dual tires are replaced with one
single wide tire and aluminum wheel. Can
be applied to all tractor and trailer tire
positions except for the steer tires.
$5,600
Approximately 4% fuel savings
Trailer Aerodynamics
Fairings added to the front and underside of the
trailer to reduce drag.
$2,400
Approximately 5% fuel savings
Emission Control
Device - Oxidation
Catalyst
A device added to the tractor's exhaust system to reduce
the emission of particulate matter and other pollutants.
$1,200
Approximately 20 - 50%
reduction in particulate matter
All savings assume a Class 8B tractor-trailer traveling approximately 100,000 miles per year.
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