 | ||||||||||||
| ||||||||||||
| ||||||||||||
| ||||||||||||
|
|
|
2.8million
people in Greater St. Louis |
 |
|
 |
Action Fund Loan – For-profit manufacturing, processing and assembly companies located in a non-entitlement area that has wages above the county average and provide medical benefits may be eligible for a loan which may be used for the purchase of new machinery and equipment or working capital. The loan must be made in cooperation with a city or county sponsor. Industrial Development Bonds – Industrial development bonds facilitate the financing of business projects. Cities or counties purchase or construct certain types of projects with bond proceeds and lease or sell the project to a company. Costs that may be eligible are the purchase, construction, extension and improvement of warehouses, distribution facilities and industrial plants. Urban Enterprise Loan Program – Assist Missouri's small business owners with the creation, expansion and retention of their business enterprise located in the St. Louis and Kansas City urban areas by offering low-interest loans. |
||||
