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Loan Denial Could Cost Cat Millions

Construction Equipment

Caterpillar’s mining division could lose up to $650 million in sales if Minnesota and Michigan lawmakers convince U.S. Export-Import Bank to deny financing for an Australian mine, according to the Milwaukee Journal Sentinel.'

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Snapshots: 60 Seconds… With Michael Finney, President And CEO, Michigan Economic Development

Buisness Facilities Contributed Content

Michael Finney, President and CEO, Michigan Economic Development. BF: The Michigan Business Development program offers cash incentives in increments up to $10 million. We give preference to businesses that need assistance for deal-closing or those second-stage companies that need gap financing. By the Business Facilities Staff.

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$25 Million Pledged for Economic Development Partnership in Flint, Michigan Amid Water Crisis

Buisness Facilities Contributed Content

The FlintNOW Foundation and Huntington Bank have announced a multi-million economic development partnership aimed at boosting the economy of Flint, Michigan, and providing relief to local businesses and residents affected by the ongoing water crisis in that city. Flint, Michigan.

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SBA 504: Funding Business Growth with Less Capital

Wolgast Corporation

In one of our earlier blogs, we shared with you details of the Small Business Association’s 504 loan in “ Easy Financing for Small Business Growth in Michigan ”. Being able to finance 80-90% of the cost couldn’t be a better deal for these companies. Treasury issues plus approximately 3% in fees.

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State by State Incentives Guide

Buisness Facilities Contributed Content

CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. Terms for both are normally 10-20 years and can finance up to 100% of the project costs. ALABAMA - updated for 2014. They are: The Renewal Program.

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Three Common Misconceptions about Design Build Construction

Wolgast Corporation

Phase I of the Design-Build method establishes preliminary drawings for a nominal fee with enough information to get a preliminary budget, so a business owner can take the information to the bank for financing. While the budget is not exact, it’s in the ballpark.

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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. Terms for both are normally 10-20 years and can finance up to 100 percent of the project costs. It allows for the construction of roads, bridges, etc.

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