This loan program supports California organizations to develop and improve beverage container recycling facilities. It funds projects that increase recycling capacity, create or expand certified processing facilities, and convert recyclable containers into valuable products. Loans cover machinery, equipment, working capital, and facility improvements, with amounts ranging from $3 million to $10 million.
Eligible applicants include private for-profit entities, nonprofit organizations (excluding private schools), local government entities, and regional or local sanitation, waste, and joint powers agencies in California.