Industry Veterans Introduce BTC Bridge Loan Funding for Biodiesel Producers
Rockhouse Advisors
Jobe is the ultimate industry veteran. He is the former CEO of the National Biodiesel Board and founded Rock House Advisors in 2016. Jobe’s bio is here. Behrle founded PB Renewables, LLC in 2006 as an advisory and funding source for renewable fuel producers. Behrle’s bio is here.
“The retroactive reinstatement of the BTC combined with the three-year prospective extension has created a sense of urgency for producers to bring their biodiesel plants back to full production capacity as soon as possible,” Behrle said. “Understanding that many producers became cash strapped during the 24-month suspension, it makes sense to provide cash to them now as opposed to them having to wait for their refunds from the IRS.”
“I am in close contact with many biodiesel producers on a regular basis,” Jobe said. “2018 and 2019 especially were very difficult years. I’m glad to be able to help them create some expedited liquidity with this bridge funding to get the industry back on its feet as quickly as possible.”
Joe Jobe
Rockhouse Advisors
+1 (573) 680-1948
email us here
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
