You’ve seen what happens to other companies when the money runs out. Sure, a big check would be nice right now, but is that really all you need? And what if the people who are supposed to help you with this only have one financial tool in their toolkit – the same one they use to write those big checks in the first place? You thought a one time capital injection today would help you solve for tomorrow. But if the money doesn’t come in the right form, at the right time, and with the right guidance from finance and industry experts, will it be enough?
With Space Florida you get unmatched financial tools – so you can access capital and lower your long-term costs with customized financing and tax efficiencies you simply can’t get anywhere else.
Conduit Financing:
Access to facilities, equipment, and tooling quickly & cost-effectively.
Utilize existing capital efficiently
A way to pay for equipment or infrastructure that is repaid as a long-term lease
Synthetic Leasing:
Financial & tax efficiencies
Turns large upfront capital expenditures into operating expenses
Potential flexibility with existing debt capacity
Tax Efficiencies:
Ad valorem tax (property tax) exemptions
Sales tax exemptions
Potential asset depreciation for federal income tax purposes
Special Dirt is any land owned directly by the federal, state or local government, or instrumentally thereof (airport authority, county industrial authority, public university research park). It provides the ability to secure property and rights to infrastructure from federal, state and local governments for commercial use on behalf of the business.
Space Florida only considers helping secure third-party financing of new building facilities built on “Special Dirt”.
The Special Dirt provision does not apply to the acquisition and placement of equipment and tooling.
Now you can:
Draw from a more diverse toolkit of capital funding, tax advantages, and state infrastructure investment to develop a favorable financial package customized for your business.
Access capital quickly and efficiently with conduit financing, leveraging a diverse lender network and access to municipal bond markets.
Lease from an entity that qualifies you for property tax relief, so you can preserve your working capital.
Simplify the treasury, tax, and intercompany issues that come with being a larger enterprise.
Tap into capital accelerator programs for early stage companies and get more access to investors.
For More Information Contact:
businessdev@spaceflorida.gov