Remove Banking Remove Debt Remove Inventory Remove Liability
article thumbnail

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.

Leases 177
article thumbnail

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. Several different types of capital — working capital , debt capital , and equity capital — are common in the construction industry. Debt capital. 3 types of capital for construction.

Debt 97
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

West Virginia Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Working capital loans and the refinancing of existing debt are not eligible. Indirect Loans: The West Virginia Economic Development Authority provides a loan insurance program through participating commercial banks to assist firms that cannot obtain conventional bank financing.

article thumbnail

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

Buisness Facilities Contributed Content

This is especially true with the sites that are owned by local government units as they have generally completed the environmental review which then ends environmental liability for future users and property owners. We also have one of the best balance sheets in the country with a very low debt burden. OPEN FOR BUSINESS IN INDIANA.

Site 49
article thumbnail

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. Inventory is exempt from property tax. Eligibility requirements include: Headquartered in Alabama or will be relocated to Alabama.

Income 108
article thumbnail

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. The credit is 20 percent of the actual costs limited to the employer’s income tax liability.

Income 75
article thumbnail

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.