Tax Credit Program For New Markets

Geared Towards Low Income Areas To Expand Businesses & Boost Jobs

ICA now provides this tax credit program as an equity and debt financial option. Established to start-up businesses can take advantage of this program. This is for direct use to the communities deemed underserved by conventional sources of capital.

The New Markets’ Tax Credit Program is a Government-Guaranteed Program designed as a financial options to businesses in disadvantaged or rural areas. The goal of this program is to attract long-term commercial investors, to historically low-income and rural communities, in the hopes to promote expansion and to create jobs.

Industries That Can Take Advantage:

• Manufacturing
• Technology
• Distribution
• Business Services

Business Investment Size:

• $750,000-$10 million
• Company Characteristics
• Start-up to Mature Businesses
• Types of Financing Available
• Senior/Senior-Stretch Debt
• Subordinated/Mezzanine Debt
• Equity

Uses Of Capital:

• Owner Occupied Commercial Real Estate
• Key Business Equipment
• Working Capital
• Expansion
• Ownership Transitions
• Partner Buyouts
• Business Acquisitions