The Port Authority can help
Tax-exempt financing lowers the overall cost of capital to fund a project because state and federal income tax is not applied to this type of bond. The lower overall cost of this type of financing makes them attractive to investors.
Companies that want to access tax-exempt financing need an eligible project and an eligible issuer, which can be a local government or a port authority, such as the BVPA. Public infrastructure projects typically qualify for tax-exempt financing.
Companies that want to access tax-exempt financing need an eligible project and an eligible issuer, which can be a local government or a port authority, such as the BVPA. Public infrastructure projects typically qualify for tax-exempt financing.
