Who is eligible?

Manufacturers who assemble, fabricate, or process products for resale. 

How long will the process take?

Generally the process takes 60 to 90 days from application to closing.

Can my business be a startup or a new business?

Businesses must have demonstrated profitability and strong banking relationships to qualify for this structure.

Can I buy an existing building?

Yes, if the project includes a minimum of 15% of the total acquisition as rehabilitation to the facility. 

Is refinancing an eligible use?

Refinancing can be included in the financing structure through the use of taxable bonds. The taxable bonds provide similar benefits and are used in combination with tax exempt bonds to finance portions of the project that may be otherwise ineligible. 

Can fees be included in the bond financing?

A percentage of the fees are eligible to be included in the bonds. 

What is the application process?

Call the Business Finance team at 303.297.7329.