Buisness Facilities Contributed Content

APRIL 15, 2014

Enterprise Zone Credit or Exemption: The Alabama Enterprise Zone Act (Act. The program provides state and local tax incentives and non-tax incentives to businesses and industries located within Alabama’s Enterprise Zones. May not have closed or reduced employment elsewhere in Alabama in order to expand into an enterprise zone.

Income 108

Income Finance Zoning Employment 108

Buisness Facilities Contributed Content

MARCH 21, 2014

ENTERPRISE ZONE CREDIT: To stimulate growth in depressed areas of the state, Alabama offers certain tax credit incentives to business that locate or expand within a designated enterprise zone. The business must sign a job-creation agreement under the Advantage Arkansas program within 24 months of signing the Tax Back agreement.

Income 75

Income Finance Zoning Equipment 75

Buisness Facilities Contributed Content

MARCH 8, 2016

Financial institutions must enter into a Capital Access Program Lender Agreement with Empire State Development before enrolling loans. Debt refinancing, tax delinquency, employee benefit arrearage. Funds to make Loans are derived from the sale of State-guaranteed bonds.In Typical financing structure: 50% Bank Loan. 40% JDA Loan.

New York 40

New York Finance Products Commercial 40