They have a variety of resources available, including small business loans, industrial revenue bonds, tax-increment financing, etc.

Generally SLDC assisted loan programs require bank participation. SLDC programs are not designed to replace bank financing. These programs are designed to lower interest rates or help lower down payments. These programs help fill any gaps in the financing and generally provide more attractive financing than conventional methods.

Tax benefit programs are provided in the form of tax credits and tax abatement, rather than direct cash assistance. Nevertheless, they can reduce the tax burden sufficiently to make the expansion fiscally feasible.

Industrial revenue bonds (IRBs) and tax increment financing (TIF) are complex financing tools that leverage city resources along with your own funds to make an expansion project feasible. While quite powerful, they require a great deal of coordination and approval by the relevant fiscal oversight board.

Tax abatement must be approved by the Board of Aldermen and the Land Clearance for Redevelopment Authority (LCRA). IRBs are generally approved by the Industrial Development Authority (IDA) or the Planned Industrial Expansion Authority (PIEA). TIFs are approved by the TIF Commission.