Highlands County is strategically positioned with financial opportunities and tax incentives to assist new and expanding businesses to enhance profitability. The state has specifically designed its business and investment programs to deliver quicker, quality service along with more capital during a company's start-up, expansion, or relocation.
The area’s commercial banks with combined deposits of more than $1.6 billion fund construction, purchase of machinery and equipment, and working capital to qualified applicants. Federal and State grants may also be available. The Board of County Commissioners established the Highlands County Industrial Development Authority with a mandate to provide industrial revenue bond financing to qualifying applicants.
U.S. Small Business Administration (SBA)
The U.S. Small Business Administration (SBA) loan programs lend money to small businesses unable to secure financing on reasonable terms through normal lending channels. The SBA loan programs are operated through private-sector lenders that provide loans which are, in turn, guaranteed by the SBA -- the agency has no funds for direct lending or grants. SBA offers a variety of loan programs for very specific purposes. Take some time to study the programs by visiting www.sba.gov/loans-grants/see-what-sba-offers/sba-loan-programs, to see if you qualify to participate.
USDA Rural Development Loan and Grant Assistance
USDA Rural Development forges partnerships with rural communities, funding projects that bring housing, community facilities, business guarantees, utilities and other services to rural America. USDA provides technical assistance and financial backing for rural businesses and cooperatives to create quality jobs in rural areas. Rural Development promotes the President's National Energy Policy and ultimately the nation's energy security by engaging the entrepreneurial spirit of rural America in the development of renewable energy and energy efficiency improvements. Rural Development works with low-income individuals, State, local and Indian tribal governments, as well as private and nonprofit organizations and user-owned cooperatives. For more information, visit www.rd.usda.gov/programs-services/all-programs.
Still Have Questions? Contact Our Team.
To learn more about applying and qualifying for one of our incentives, taking advantage of our community’s workforce programs, or saving on operating costs while you grow, contact our team. We’re here to help.