NEW YORK, Dec. 18 /PRNewswire/ -- Long-haul truck drivers can go green,
reduce fuel costs and increase profits with a state-of-the-art,
eco-friendly equipment upgrade from EPA's SmartWay Transport Partnership
and ACCION New York and New Jersey, a nonprofit provider of microloans for
Through ACCION New York and New Jersey, drivers unable to borrow from
traditional banks can obtain a loan to buy the SmartWay Upgrade Kit for
their trucks. This innovative technology package, which includes idle
reduction technology, low rolling resistance tires, advanced aerodynamics,
and exhaust after treatment devices, will allow truckers to reduce
emissions and spend less money on fuel, all while building quality credit
that will help them save on future borrowing costs.
Upgrade packages are a significant investment for truck
owners-operators, as costs range from $8,500 to over $16,000. However,
flexible financing options from ACCION put the money-saving technology
within reach. After factoring in loan payments, the upgrade can save
drivers over $250 monthly on fuel costs and increase their annual profits
by over $3,000.
"Rising fuel costs mean that in order to make more money, truckers
simply need to use less fuel," says Jennifer Spaziano, vice president of
business development at ACCION. "ACCION has teamed up with U.S.
Environmental Protection Agency's SmartWay Transport Partnership(SM) to
make the Upgrade Kit accessible to truckers, even if they encounter
challenges finding financing at a bank."
"Our SmartWay partners are shrinking their environmental footprint
while increasing their bottom line," said Alan J. Steinberg, EPA Regional
Administrator. "This organization is helping to jumpstart efforts to cut
diesel emissions in a way that embodies the public-private partnership
theme that runs through many of EPA's successful voluntary programs,
including the SmartWay Transport Partnership program."
As a nonprofit microfinance organization, ACCION specializes in working
with self-employed individuals to build their businesses and credit
histories. With over 16 years of lending experience, ACCION offers fast
loan turnaround, personalized customer service, and loan products
specialized to meet the needs to the owners of non-traditional businesses
such as truck owners-operators. Individuals interested in applying for a
loan can call 1-866-5ACCION or visit www.accionnewyork.org/smartway.
Owner-operators that upgrade their trucks can also become eligible for
increased business from SmartWay's shipper partners. To learn more about
saving money with a SmartWay Upgrade Kit, visit www.epa.gov/smartway.
Contact: Laura Kozien
Manager, Communications Projects
(212) 387-0377 ext. 336