Business Development

North End Teleservices, LLC (2023)

Omaha, NE
NMTC project generates hundreds of jobs in Omaha, NE.

Second Phase of Rich Products’ Brownsville, Texas, Expansion Under Way ()

$117 million expansion project will add production capacity for branded appetizer business and bring more than 130 jobs to the community.

Rich Products (2024) (2024)

Brownsville, TX
$117 million expansion project will add production capacity for branded appetizer business and bring more than 130 jobs to the community.

Make the New Markets Tax Credit permanent ()

The New Markets Tax Credit helps provide jobs, economic development and food security, says Dr. Chris Freeman, CFO of Bongards Creameries. He says it should be a permanent federal policy.

McNeilus Steel ()

Morrison, TN
McNeilus Steel Inc. will utilize NMTC allocation to finance equipment and working capital for a steel processing and distribution facility located in Morrison, TN.

KSU Foundation’s Edge Collaboration District Phase 3 (2023)

Manahattan, KS

This project will provide the financing needed to develop an 80,000 sq. ft. office building to be used as corporate incubator space. The office building will be adjacent to Kansas

Monogram Foods (2023)

Martinsville, VA

Expansion of a food packaging facility, creating significant quality and accessible jobs. Project is committed to local hiring and internal career advancement opportunities. Supported the facility expansion and equipment purchase

Riot Edge Solutions Inc. (2023)

Las Vegas, NV

Riot Edge Solutions Inc. (“Riot”) develops and deploys wireless IOT Edge Devices for large scale specialty applications such as tank level monitoring of chemical sin oil and gas fields. Riot

Lyon Group (2023)

Watseka, IL

Lyon manufacturers steel lockers, shelving, and cabinets, which it sells primarily to distributors and general contractors. Our financing supported equipment purchases, mainly related to the addition of two automated production

CP Kelco U.S., Inc. (2023)

Okmulgee, OK

CP Kelco is a nature-based ingredient company that produces KELCOGEL® Gellan Gum, an innovative clean label ingredient (100% natural, no additives, no preservatives), which is sourced from naturally occurring lily

MycoWorks SC, LLC (2023)

Union, SC

MycoWorks is a cleantech company developing, manufacturing and selling alternative, sustainable and high-end biomaterials, using an array of proprietary, patented technologies stemming from mycology, agricultural, and engineering R&D and expertise.

Circle Seafoods (2023)

Aberdeen, WA

This project will finance the equipment acquisition required to construct an ultra-low temperature fish freezing, cold storage salmon processing facility that will operate on water. The facility will spend peak

Wisconsin Aluminum Foundry (2023)

Manitowoc, WI

Wisconsin Aluminum Foundry in Manitowoc has announced that they have received a major boost in helping finance their expansion project. Cinnaire, a nonprofit community development financial organization with numerous offices

APG Manufacturing (2023)

Defiance, OH

APG Manufacturing is a woman-owned company that manfactures plastic dispensers and pumps used in the consumer health and beauty industries. The APG Manufacturing facility is 80,000 sq. ft. advanced manufacturing

MAGNET Phase 2 (2023)

Cleveland, OH

The rehab and equipping of a vacant building into the Manufacturing Innovation, Technology and Job Center (MITJC) in Cleveland, OH. MITJC advances strategic priorities in the Workforce Development Roadmap by

Coreleap (2023)

Omaha, NE

Coreleap, Inc. d/b/a Rush ReCommerce is a recommerce company looking to become the market leader by taking home goods companies’ eCommerce returns direct from consumers and then resell them. After

Custom Foods of America, Inc. (2023)

Knoxville, TN

NMTC allocation helped Custom Foods of America (CFA) finance a 50% expansion of their 350K sq. ft. Knoxville, TN production campus. CFA manufactures soups and sauces for chain restaurants and

Ocean Aero Inc. (2023)

Gulfport, MS

Ocean Aero, Inc. (“OA”) is an award-winning autonomous ocean drone platform. The key markets include defense and security (intelligence, surveillance, and data), science and research (oceanography and meteorology data collection),

Maui Seafood (2023)

Phoenix, AZ

Capital Impact Partners provided NMTC financing to an Asian owned business that distributes fresh seafood. The financing was available through Capital Impact Partner’s Healthy Communities Fund. The project financed the

Allied Stone, Inc. (2023)

Durant, OK

Allied Stone used the NMTC program to invest in a 2nd production line in order to meet increased demand for their Granite countertop division. The expansion enables them to meet

Steel Warehouse Warren (2023)

Warren, OH

Steel Warehouse of Ohio LLC is an American-owned and operated manufacturer and supplier of high-quality steel products and components used in multiple industries throughout the United States. Finance Fund provided

Algorithmic Intuition, Inc. (2023)

Reno, NV

Algorithmic Intuition, Inc. (“Ai2”) is a company that has developed an IoT solution that leverages machine learning algorithms and neural nets to facilitate 24/7 smart monitoring of key vitals in

Vibrant Corp (2023)

Albuquerque, NM

Vibrant Corporation (“Vibrant”) is an Albuquerque, NM based company commercializing Process Compensated Resonance Testing (“PCRT”) technology: a method of non-destructive testing that uses vibrations to test the integrity of objects.

Nuso, LLC (2023)

Saint Louis, MO

Nuso, LLC (“NUSO”) is a Cloud Service Provider delivering an all-in-one software-based Unified Communications and Collaborations (“UCC”) platform with full telephony applications in a flexible deployment model. NUSO’s platform allows

Century Steel Fabricators LLC (2023)

Las Vegas, NV

Century Steel Fabricators, LLC (“CSF”) is a newly formed Las Vegas company that serves as a fabrication shop and primary materials supplier for NCR Inc. and NCR LLC (together “NCR”),

GoodWrx, LLC (2023)

Las Vegas, NV
The project provided Goodwrx's with working capital to continue development of its product, focus on marketing and expansion, and to fund planned hiring.

Packet Digital (2023)

Fargo, ND

Finances the leasing, construction, equipping, development and operation of Packet Digital, a battery engineering and manufacturing company. The project will allow Packet Digital to renovate a battery management plant expansion

Medefy, Inc. (2023)

Tulsa, OK

Medefy, Inc. (“Medefy”) is a healthcare app providing employers with the unique ability to directly guide and navigate their employees to make high-quality, low-cost individualized care decisions in real time.

The Neato Company LLC (2023)

Las Vegas, NV

The Neato Company, LLC (“Neato”) simplifies selling on digital marketplaces with a complete outsourced ecommerce solution which allows brands to focus on their continued development and production of great products.

Orange EV (2023)

Kansas City, KS

The New Markets Tax Credit (NMTC) program is driving significant growth in underserved communities, fostering economic development and creating jobs where they are needed most. Central States Development Partners, Inc.

SMS (2023)

Blue Island, IL

SMS is a non-ferrous scrap metal processing facility that processes approximately 1900 tons of scrap metal per year. This project provided the funds needed for SMS to purchase a LINDER

Belle City Square (2023)

Racine, WI

The 131,144 gross sq. ft. (119,350 net) consists of a non-profit café, office space leased by the local economic development corporation, a light manufacturing tenant, workforce training facility and maker

ERMCO II (2023)

Greenville, TN

The renovation of a 200,000 sq. ft. production plant in the former Caterpillar location. This production plant makes tranformers and transformer components.

EastSide STEM HUB, Inc. (2023)

Wilmington, DE

The subject property is an existing school built in 1960 including 83,424 sq. ft. (41,224 sq. ft. building 1 and 42,200 sq. ft. building 2), as well as an unoccupied

Grassland Dairy (2023)

Greenwood, WI

Expansion of a Dairy Processing Facility, creating significant quality and accessible jobs. Project is committed to local hiring and internal career advancement opportunities.

Prism FM Inc. (2023)

Austin, TX

Prism FM Inc. (“Prism”) is a software company targeted on the live music industry that provides venues, promoters, and talent agencies a solution which brings the various pieces of event