Financing Programs
Missouri’s Industrial Revenue Bond (IRB) program offers tax-exempt bonds for property acquisition, construction and/or equipment with an attractive interest rate. The program is limited to loans ranging from $400,000 to $20 million for industrial, manufacturing, production or related support industries.
Program Benefits
Participants in this program benefit from the following incentives:
- Lower interest rates
- Continued ability to work with local banks
- Flexible loan terms
- Loan amounts varying from $400,000 to $20 million
- Construction financing
- Existing facility financing
- Refunding existing IRBs
How to Apply
This tax-exempt program works closely with Missouri financial institutions so each borrower must provide to the Board a Letter of Credit, sufficient guaranty or other credit enhancement to secure the loan. Borrowers must also fill out an application that can be found in the banner below.
