SmartwayFinanceCenter.com is a web-based finance clearinghouse where the user can submit one application and have multiple lenders compete for their business. Private lenders are consolidated into one network where they can view applications from buyers seeking cleaner and more fuel-efficient trucks and equipment. The application is free. Once you submit your application, lenders send you their offers. You pick the best offer for you.
The web site also contains information on technology such as idle reduction, aerodynamics, fuel-saving wheels/tires, and SmartWay certified tractors and trailers, including listings of companies offering these products.
The SmartWay Transport Partnership is a voluntary partnership between various freight industry sectors and EPA that establishes incentives for fuel efficiency improvements and greenhouse gas emissions reductions. By 2012, this initiative aims to reduce between 33 - 66 million metric tons of carbon dioxide (CO2) emissions and up to 200,000 tons of nitrogen oxide (NOx) emissions per year. At the same time, the initiative will result in fuel savings of up to 150 million barrels of oil annually. There are three primary components of the program: creating partnerships, reducing all unnecessary engine idling, and increasing the efficiency and use of rail and intermodal operations.
For more information, visit www.smartwayfinancecenter.com or call (877) 767-8875.