New Markets Tax Credits

Build, expand, or modernize—with financing that can help you do more with your capital.

 
If 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.
 

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.

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

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
 

 

We can help you determine if your project 

qualifies—and how NMTC could fit into your financing strategy.

 

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

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
 

 

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

Did you know?

Through the SBA’s Made in America Loan Guarantee, qualifying manufacturers may benefit from:

  • Waived guarantee fees on loans up to $950,000 (through September 30, 2026), resulting in potential savings of up to $25,000*
  • 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, 2026.

 


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
 

 

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.

LET'S TALK