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The Impact of ASC 842 – The New Lease Standard Is Here

Construction Business Owner

The contractor’s focus should be on the impact the lease standard will have on the company, specifically bank and surety considerations, and the specific attributes such as embedded leases, related party leases, consolidation (when there is a variable interest entity), and how to apply the standard to these situations. Accounting & Finance.

Leases 177
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Types of Capital for Construction Businesses

Levelset

The term capital is used across industries to represent all of a company’s financial assets, including cash, inventory, equipment, and more. Working capital measures the difference between a construction company’s current assets and current liabilities. Learn more : How to calculate working capital in construction.

Debt 97
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West Virginia Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Part of the service includes providing aggressive development assistance in the form of tax credits and financing programs. FINANCING & GRANTS. This program insures up to 80% of a bank loan for a maximum loan term of four years. The exemption does not apply to inventories of raw materials or goods in process.

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State by State Incentives Guide

Buisness Facilities Contributed Content

CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. Terms for both are normally 10-20 years and can finance up to 100% of the project costs. ALABAMA - updated for 2014. They are: The Renewal Program.

Income 108
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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

It is a credit of five percent of the capital costs of a qualifying project, to be applied to the Alabama income tax liability or financial institution excise tax generated by the project income, each year for 20 years. Terms for both are normally 10-20 years and can finance up to 100 percent of the project costs.

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Oklahoma Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Freeport Inventory Benefits: Exempts from taxation goods, wares and merchandise that come from outside the state and leave the state within nine months if such goods, wares and merchandise are held for assembly, storage, manufacturing, processing or fabricating purposes within the state.

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New York Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

FINANCING & GRANTS. CAP can be used with term loans or lines of credit, on financing for working capital needs, technology or facility upgrades, business startups or business expansions. Typical financing structure: 50% Bank Loan. Fixed asset loans of up to $20,000 for terms not to exceed seven years. 40% JDA Loan.