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INCENTIVE DESCRIPTION
| State: | MO |
| Incentive Type: | Cash Grants and Financing Incentives |
| Incentive Title: | Industrial Revenue Bonds |
| Description: | Industrial Development Bonds: 100 % financing with a low interest rate is available to manufacturing and other businesses allowed under the Internal Revenue Code. The interest on the bond is tax-exempt. Bond proceeds may be used for the construction, purchase, expansion or improvement to all types of manufacturing plants, assembly plants, processing plantsand solid waste water distribution plants. |
| Eligibility Requirements: | The applicant secures a letter of credit from a commercial bank. Interest rates vary depending on creditworthiness. |
| Geographic Restrictions: | Statewide |
| Granting Authority: | Missouri Development Finance Board |
| The information which you have reviewed is a summary of the benefits and savings which may be available for your company. To receive a more detailed analysis of valuable opportunities for your company, please forward your contact information to Larry Kramer at lkramer@incentisgroup.com |
Impotant Legal Information Information is provided in summary form and should not be considered legal, investing, or other business advice. Its receipt does not create a relationship between Incentis Group and recipient. All information is believed to be accurate at the time of printing but should not be relied upon, and no decisions should be made, without consulting the full text of the applicable statutes and seeking independent counsel. Incentis Group and FastFacility make no representation as to the eligibility of a company or person to receive any incentives. |
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