Areas Served: Independence County Independence County Economic Development provides a forgivable loan for businesses in Independence County, Arkansas. A 1/4-cent sales tax increase was passed to help retain or expand jobs and spur business growth. As a supplement to a traditional bank loan or other capital acquisition, applicants can receive a “forgivable loan” based on
Read MoreAreas Served: Lamar, Delta, Hopkins, Red River, Franklin, Titus, Morris, Bowie, Cass Counties in Texas and Miller County Arkansas The NETEDD RLF is primarily for private industry in the Texas counties of Lamar, Delta, Hopkins, Red River, Franklin, Titus, Morris, Bowie, Cass and Miller. The fund was established in 1987 with initial funding from an
Read MoreThe Alabama Department of Revenue administers several tax incentives available for existing industries, expanding industries, and new industries locating in Alabama. Tax incentives are created and administered under the Alabama Constitution of 1901 and the Code of Alabama 1975. The statutory basis for Alabama tax incentives gives industry a stable framework for long-term investment. Major
Read MoreAreas Served: Norwich Downtown Revitalization Area The revolving loan program is intended to incentivize businesses to locate or stay in the Norwich, Connecticut Downtown Revitalization Area by providing favorable term financing to qualified businesses. Through financial mentoring, this program element will actively strive to assist businesses become eligible for conventional financing at the end of
Read MoreAreas Served: City of Niles The City of Niles, Michigan administers a Revolving Loan Fund (RLF) program that is available for loan and grant projects considered eligible by the state of Michigan. The RLF is an economic development tool that is based on partnerships between private businesses and the City of Niles . It works
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