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CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. This program allows an approved business to offer an income tax credit to investors purchasing an equity investment in the business.
But] smaller properties are languishing…‘because banks aren’t lending, and people have no equity in their homes to take out second mortgages to finance new businesses,’” said Jack O’Connor, a principal and director of the national industrial practice group at Newmark Knight Frank in Long Island.
JPMorgan Chase, the nation’s largest bank, recently announced it will provide $100 million to help Detroit with housing repairs, blight removal, job training and economic development projects over the next five years. “The We are committed to helping make that future a reality,” the bank said.
CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. The COMMERCIAL FISHING AND AGRICULTURE BANK provides loans to fishing, tourism, natural resources and agriculture-based projects.
SWEDFA offers a variety of financing strategies to help fund small business including bank participations, direct loans, loan guarantees and taxable and tax-exempt bonds. Tax Incentives. High Wage Jobs Tax Credit: A taxpayer who is an eligible employer may apply for and receive a tax credit for each new high-wage economic-base job.
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