Are you a manufacturer in Pennsylvania? Do you take materials and process them or turn them into something different? Are you looking to buy a new property, upgrade or expand your facilities or buy additional equipment? If so, you may qualify for tax exempt financing. Typically, you can save 30-35 basis points on your interest rate through tax exempt financing. It’s possible that your current financial institution or bank handles these types of loans. If you are looking to finance $2 Million or more, you will generally save money over time by financing tax exempt.
Tax exempt financing is facilitated through industrial development authorities (IDAs). We represent eight (8) IDAs throughout Montgomery County. If you have any interest in this type of financing or would like more information, feel free to give me a call to discuss.