Business professionals exploring New Markets Tax Credit financing opportunities.

New Markets Tax Credits

Do more with your capital.

Build, expand, modernize. When you’re planning an expansion, equipment upgrade, or new facility, how you structure financing can determine whether a project moves forward.

New Markets Tax Credits (NMTC) can help reduce how much you need to finance traditionally, so you can take the next steps toward your goal with confidence.


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More equity, less debt

How NMTC Helps

NMTC is a federal program that encourages private investment in qualified, low-income communities. Investors purchase tax credits, generating equity that can be contributed directly to your project—improving feasibility and cash flow. 

For eligible projects, NMTC can generate equity covering up to ~20-25% of total project costs—helping you rely less on debt and preserve cash. Common qualifying uses include:

Facility expansions (including warehouse and distribution)
New production facilities or plant upgrades
Major equipment or automation investments
Non-owner-occupied developments that support job creation and community impact




Personalized guidance for your project.

Our team can help you determine if your next project qualifies—and how NMTC could fit into your financing strategy.

Business professionals discussing New Markets Tax Credit project financing.

Help improve your project economics.

Every project is different, but NMTC can make a meaningful difference in how a deal comes together. For eligible projects, NMTC financing can help you:

  • Reduce borrowing needs
  • Improve cash flow
  • Preserve equity
  • Add flexibility to your financing structure
Business professionals reviewing funding options through New Markets Tax Credits.

Put funding to work where it matters most.

NMTC financing is often used for practical investments that help manufacturers scale and stay competitive, including:

  • New facilities or expansions
  • Machinery and equipment upgrades
  • Advanced manufacturing investments
  • Site and infrastructure improvements

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Designed to deliver real impact.

NMTC projects are structured to benefit both your business and the surrounding community, often through:

  • Job creation and retention
  • Workforce development
  • Wage growth
  • Industrial area revitalization


A practical way to navigate a complex program.

NMTC transactions involve multiple stakeholders and moving parts—but you don’t have to manage that alone. We work with you to:

  • Evaluate eligibility
  • Estimate potential NMTC benefit
  • Structure your financing approach
  • Coordinate with investors and program participants
  • Move from initial review through closing

















































An OakStar Bank team member discussing SBA financing options with a business owner.

Combine NMTC with SBA financing.

NMTC can be layered with SBA loans and additional incentives to help you:
  • Fill funding gaps
  • Reduce balance sheet pressure
  • Improve project feasibility
A manufacturer exploring financing opportunities for business expansion.

Did you know?

Qualifying manufacturers may benefit from:
  • Waived guarantee fees on loans up to $700,000 (through September 30, 2027), resulting in potential savings of up to $18,900* 
  • Lower down payments and longer repayment terms
  • Easier access to capital with fewer barriers to approval
  • Funds can support equipment, facilities, reshoring, inventory, and expansion.

*On loan applications received through September 30, 2027.












































See what NMTC could do for your project.

If you’re planning an expansion or upgrade, NMTC may help you reduce financing costs and keep moving forward. Connect with our team to evaluate your project and explore your options.