Buisness Facilities Contributed Content

APRIL 15, 2014

Inventory is exempt from property tax. Bond proceeds cannot be used for working capital or inventory. No personal property or inventory taxes. Inventory Tax Exemption: Effective January 1, 2011, business inventory is exempt from state property taxes (0.15 Real property taxes are among the lowest in the country.

Income 108

Income Finance Zoning Employment 108

Buisness Facilities Contributed Content

MARCH 8, 2016

Loans can be used for working capital, inventory and small equipment. The credit is equal to 10% of the compensation paid to an intern. Loans up to $35,000 will be available from Dakota CDC in participation with a local lenders or economic development organization for small businesses looking to expand or to start a new business.

North Dakota 40

North Dakota Income Finance Equipment 40

Buisness Facilities Contributed Content

MARCH 21, 2014

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. Funds may be used to acquire equipment, make leasehold improvements, purchase recycled raw materials and inventory or acquire real property.

Income 75

Income Finance Zoning Equipment 75