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State by State Incentives Guide

Buisness Facilities Contributed Content

million loan participation program fostering business expansion and job creation in Arizona by providing debt financing for small businesses (in collaboration with private finance partners). Prevailing wage must be paid to workers involved in the construction or renovation. 97% increase in personal property tax exemption.

Income 108
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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

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. The private sector participant finances 50 percent of the project cost and takes a first lien on assets pledged as collateral.

Income 75