Remove 2008 Remove Debt Remove Inventory Remove Leases
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North Dakota Incentives and Workforce Development Guide

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Loans can be used for working capital, inventory and small equipment. Loan funds may be used to finance real estate, machinery and equipment and for the purchase or leasing of equipment. North Dakota Development Fund: Provides flexible gap financing through debt and equity investments for new or expanding primary sector businesses.

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State by State Incentives Guide

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The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. Inventory is exempt from property tax. Terms for both are normally 10-20 years and can finance up to 100% of the project costs. 97% increase in personal property tax exemption.

Income 108
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STATE INCENTIVES GUIDE

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The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. Loan proceeds are to be used for working capital, inventory, equipment purchase, and real property improvements but cannot be used for refinancing of existing debt or outstanding debt payments.

Income 75
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COVER STORY: Shovel Ready Sites Are Growing From The Ground Up

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The GRAD program was first launched in 2008 under a public-private marketing partnership called Georgia Allies in order to enhance economic development opportunities for the state and develop a pool of available industrial sites. A clear path to acquiring or leasing the property must be identified and documented.

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