FINANCING FOR MANUFACTURERS

Growth Capital helps small & medium-sized manufacturers take advantage of a cost-effective financing called Industrial Development Bonds (IDBs)  IDBs are a U.S. Federal government program, allowing interest rate subsidies on qualifying projects.  These projects are funding with tax-exempt bonds, lowering the effective interest rate substantially – effectively under 2.5% (variable), for land, buildings and new equipment.

These rates are often 20% to 30% lower than conventional financing options. 

We have assisted many manufacturers and processors, often companies in the following industries: food processing; plastic injection molding; furniture; packaging materials; metal finishing and fabrication; and other manufactured products.