article thumbnail

Are There Lessons From the Great Recession for the COVID-19 Pandemic?

Pro Builder

expanded into markets in Iowa, Alabama, and South Carolina, and became a shareholder of American Southern Homes after it acquired Grayhawk Homes in November 2019. . “If If the market did roll over, he might have to lay people off, but would not be stuck with land debt. Balance sheets are what make you go bankrupt,” he says.

article thumbnail

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). Additionally, the company must demonstrate that it can service the debt. 97% increase in personal property tax exemption. TAX INCENTIVES.

Income 108
article thumbnail

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. Lenders negotiate their own fees and the USDA charges 2 percent of the guaranteed amount as a one-time fee. EMPLOYEE TRAINING PROGRAMS.

Income 75