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South Dakota Incentives and Workforce Development Guide

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million for new ethanol infrastructure at retail fueling stations. The bank or credit union must file all of the documents it requires of the applicant, as well as all internal documents relating to the loan with the Governor’s Office of Economic Development in order to receive the paperwork relating to the MicroLOAN Express loan.

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West Virginia Incentives and Workforce Development Guide

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Loan term is generally 15 years for real estate intensive projects and five to 10 years for equipment projects. Loan proceeds may be used for the acquisition of land, buildings and equipment. This program insures up to 80% of a bank loan for a maximum loan term of four years.

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New Hampshire Incentives and Workforce Development Guide

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Export-Import Bank; U.S. At least 75% of bond proceeds must be spent on core manufacturing space and equipment. The interest rate is about 70% of prime and can be used for the purchase of land, buildings and capital equipment. . No Inventory Tax. OIC also works with the U.S. Department of Commerce; U.S. TAX INCENTIVES.

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New York Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Commercial District Revolving Loan Trust Funds: ESD has capitalized over $600,000, making funds available to five community-based corporations to administer and make loans to small retail and service businesses in their service areas. The combination of a bank loan and a JDA Loan allows up to 90% financing of a project.

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State by State Incentives Guide

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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. The sales and use tax abatement is used during the construction and equipping of the facility.

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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. Loans may be made for working capital, equipment, construction or other commercial purposes. Use Tax Exemption – on qualifying equipment purchased out-of-state.

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North Dakota Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

State Water Commission funds, not exceeding $20,000 per borrower, may be used to supplement Ag PACE funds for the purchase of irrigation equipment on new irrigated acreage. Loans may be used to finance the purchase or improvement of real property, equipment or personal property, or working capital needs. The guarantee fee is.5%