Remove Bankruptcy Remove Inventory Remove Leases Remove South Dakota
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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. Bond proceeds cannot be used for working capital or inventory. 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