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What is PACE Financing and Is It Doomed?

Construction Law Monitor

Well, PACE loans create a lien against properties similar to a tax lien, meaning that the lien has priority over all other debts (including mortgages). The value of these loans can be between $10,000 and $100,000, and sometimes more.

Finance 48
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State by State Incentives Guide

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million loan participation program fostering business expansion and job creation in Arizona by providing debt financing for small businesses (in collaboration with private finance partners). This program allows an approved business to offer an income tax credit to investors purchasing an equity investment in the business.

Income 108
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North Dakota Incentives and Workforce Development Guide

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New Venture Capital Fund: The New Venture Capital Program is an innovative financial program that provides flexible financing through debt and equity investments for new or expanding businesses in the state of North Dakota. Value-Added Agriculture Equity Loan Program (Envest): The borrower must be a North Dakota resident.

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North Dakota Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

New Venture Capital Fund: The New Venture Capital Program is an innovative financial program that provides flexible financing through debt and equity investments for new or expanding businesses in the state of North Dakota. Value-Added Agriculture Equity Loan Program (Envest): The borrower must be a North Dakota resident.

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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

Loan proceeds are to be used for working capital, inventory, equipment purchase, and real property improvements but cannot be used for refinancing of existing debt or outstanding debt payments. EQUITY INVESTMENT TAX CREDIT: Targeted toward new, technology-based businesses that pay wages in excess of the state or county average wage.

Income 75
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New York Incentives and Workforce Development Guide

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Borrowers must have at least a 10% equity interest in the project or business. Innovate NY Fund: A seed stage business equity fund with up to $47 million to support innovation, job creation and high growth entrepreneurship throughout the state. 10% Borrower Equity. Debt refinancing, tax delinquency, employee benefit arrearage.