Industrial Bond Financing for Manufacturers

The California Industrial Development Financing Advisory Commission helps manufacturers finance capital expenditures using industrial development bonds. The funds must be used to acquire or expand facilities or equipment for product assembly, fabrication, manufacturing, or processing. Usually the financing is for over $1 million, although smaller projects are possible. This financing generally is sponsored by your local city, county, or economic development agency, which works with the state to issue the bonds. In addition large industrial bond financing, they also administer: For further information, visit: http://www.treasurer.ca.gov/cidfac/idb.asp.