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

Buisness Facilities Contributed Content

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

Buisness Facilities Contributed Content

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.

Income 108
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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

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