Manufacturing companies financing capital expansion, equipment investment, or other projects supporting their core manufacturing business generally can borrow at lower costs through tax-exempt bond finance. Industrial Development Bonds (IDBs), Industrial Revenue Bonds (IRBs) and Industrial Development Revenue Bonds (IDRBs) are common terms for the tax-exempt debt program available through Cornerstone Capital. Follow the ling below to learn more about Industrial Revenue Bonds or contact Cornerstone directly.
Non-profit organizations seeking to finance new facilities, renovations, equipment or other projects which support the organization’s exempt purpose can borrow at lower costs through tax-exempt bonds as well. Some religiously affiliated organizations, such as church-run schools, may also qualify for tax-exempt financing. Follow the link below to learn more about tax-exempt financing for non-profits or contact Cornerstone directly.
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