- (a) To obtain fixed asset financing under this part, an eligible business shall apply to a lender for fixed asset financing.
- (b) Fixed asset financing under this part may not exceed $500,000 for an eligible business.
(c) In addition to the information that the lender requires in its standard loan application, the applicant shall provide to the lender, in a form that the Authority prescribes:
- (1) a certification, with supporting documentation, that the applicant is an eligible business; and
- (2) a description of the number and kinds of jobs to be created or retained as a result of providing the linked deposit.
Added by Acts 2008, c. 306, § 2, eff. Oct. 1, 2008.