NCIC introduced New Markets Tax Credits to CIC Northwoods and stayed with them through the process from guiding the team in preparing the information packaging, problem solving, coordinating and managing the complexity of the process.
Thanks to the affordable nature of this solution, CIC saw an opportunity to expand and accelerate their plans. The structuring, processing and ultimately, the achievement of financing were completed by NCIC working side-by-side with management. This solution was used to fund facility acquisition, upgrades, capital equipment for manufacturing and working capital.
“NCIC has been very effective for Capone throughout the entire process,” – Stephen Capone, President