Remove Cash Flow Remove Lien Remove South Dakota
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STATE INCENTIVES GUIDE

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The private sector participant finances 50 percent of the project cost and takes a first lien on assets pledged as collateral. The SBA takes a second lien on assets and finances up to 40 percent of the project cost, up to $1 million in some cases. Borrowers inject 10 percent in the form of cash or equity in real estate.

Income 75
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State by State Incentives Guide

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Property taxes are forgiven for a period of time to allow the project to cash flow. There are no minimum or maximum loan sizes and funds may be used for cash flow (working capital), equipment, leasehold improvements and acquisition of owner-occupied real estate. SOUTH DAKOTA.

Income 108