| Latest News
Venture Capital
IFA congratulates Firefly Energy, Inc. for winning a 2007 Wall Street Journal “Technology Innovation Award”
“Firefly Energy continues to show its potential to be one of the nation’s top new start-up companies,” states IFA Executive Director Kym M. Hubbard. “It is exciting to see their progress – and also exciting to see how an effective seed-stage investment program can help transform a promising idea into nationally recognized technology,”
• Learn more about RiverGlass
• Learn about IFA's Technology Development Bridge
Participation Loan
Now Expanded
New higher levels of participation in bank Participation Loans make this
financial tool more attractive than ever. IFA works with lenders to offer lower
blended interest rates on fixed asset and capital project financings. IFA will
now participate in up to $500,000, or up to 50%, of a qualifying loan.
learn more
Industrial Revenue Bonds
Congress Approves New CapEx Limit for IDB's
In what will be a significant boon to industry, the Capital Expenditure Limit on
Industrial Development Bonds is raised from $10 to $20 million, effective
January 1, 2007. IFA, working in conjunction with the Council of Development
Finance Agencies, helped achieve this revision to H.R. 4520, the American Jobs
Creation Act.
learn more
|
 |
Recent Financings
• Spaulding Composites, DeKalb - makes specialty laminates
• American Allied Freight Car, Peoria - makes railroad car parts
• Excel Container, Aurora - builds paperboard products and POP displays
• Campagna-Turano Bakery and Knead Dough Baking, Berwyn and Bolingbrook -
make bread and baked goods
• Deli Star, Fayetteville - produces meat products
• Uresil Acquisition Group, Skokie - develops medical devices for
radiology and surgical uses
• CFC International, Chicago Heights - produces holograms and other
specialty coatings
• Newline Hardwoods, Beardstown - a lumber producer
• Roesch, Belleville - a porcelain enamel fabricator
• Eagle Theater Corp. - a movie theater company
IFA helps Illinois businesses -- large and small -- access the capital needed to
grow and create jobs. Find out how IFA can help your business grow. Contact a
Funding Manager in your region.
|
