Buisness Facilities Contributed Content

APRIL 15, 2014

A business that applies for the exemption must enter into an agreement with the Governor of Alabama. The business must sign a job-creation agreement under the Advantage Arkansas program within 24 months of signing the Tax Back agreement. Must expand its labor force, make new capital investment, or prevent loss of employment.

Income 108

Income Finance Zoning Employment 108

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. Borrowers must have at least a 10% equity interest in the project or business. 10% Borrower Equity. The maximum award is a $50,000 grant. Typical financing structure: 50% Bank Loan. 40% JDA Loan.

New York 40

New York Finance Products Commercial 40

Buisness Facilities Contributed Content

MARCH 21, 2014

Companies must be less than 5-years old; have an annual payroll between $100,000 and $1 million; show proof of an equity investment of at least $250,000; pay at least 150 percent of the lesser of the state or county average hourly wage where the business is located; and meet requisite payroll thresholds. Employees must be Arkansas taxpayers.

Income 75

Income Finance Zoning Equipment 75