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State by State Incentives Guide

Buisness Facilities Contributed Content

If applying for a transferable credit certificate, no more than half the credit may be applied in a single calendar year. The terms are negotiated specific to each firm’s individual needs and situation with a maximum limit of 3% of Capital Expenditures. New Economy Jobs Tax Credits are not transferable. FINANCING .

Income 108
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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

The private sector participant finances 50 percent of the project cost and takes a first lien on assets pledged as collateral. The SBA takes a second lien on assets and finances up to 40 percent of the project cost, up to $1 million in some cases. Borrowers inject 10 percent in the form of cash or equity in real estate.

Income 75