Financing Tools

Chapter 100 Bonds

The purpose of the Chapter 100 Property Tax Exemption is to provide a sales tax exemption on tangible personal property purchased through Chapter 100 bonds for non-manufacturing purchases. Companies eligible for Chapter 100 bond financing include manufacturing, warehousing, distribution, office, research and development, agricultural processing, and services in interstate commerce. Retail, services in intrastate commerce and others are not eligible. For more information on Chapter 100 Bonds or to secure an application please click here.

IDA Bonds

Industrial Development Bonds (“IDB’s”) were developed by the U.S. Congress and the Missouri General Assembly to facilitate the financing of business projects. In 1986, a significant change in the federal tax laws severely limited the use of tax-exempt IDBs. Eligible projects include: the purchase, construction, extension and improvement of warehouses, office projects, distribution facilities, and industrial plants, including the real estate either within or without the limits of such municipalities, buildings, fixtures, and machinery; except that any project of a municipality having fewer than eight hundred inhabitants shall be located wholly within the limits of the municipality. For more information on IDA bonds visit our IDA page.

Chapter 353 Tax Abatement

Chapter 353 Tax Abatement is an incentive that can be utilized by cities to encourage the redevelopment of blighted areas by providing real property tax abatement. For more information on the Chapter 353 Tax Abatement, visit the Department of Economic Development website here.

Small Business Administration (SBA) Loans

Several Small Business Assistance Loan options are available.  The Heartland Business Capital Small Business Administration (SBA) 504 loan is a great financing product to help small businesses expand and grow. It is designed for owner-occupied real estate projects. Read details here. In addition, the Missouri Department of Economic Development has a Small Business Loan Program. Click here for details.