Financing Programs

Missouri’s Industrial Revenue Bond (IRB) program offers tax-exempt bonds for property acquisition, construction and/or equipment with an attractive interest rate. The program is limited to loans ranging from $400,000 to $20 million for industrial, manufacturing, production or related support industries.

Program Benefits

Participants in this program benefit from the following incentives:

  • Lower interest rates
  • Continued ability to work with local banks
  • Flexible loan terms
  • Loan amounts varying from $400,000 to $20 million
  • Construction financing
  • Existing facility financing
  • Refunding existing IRBs

How to Apply

This tax-exempt program works closely with Missouri financial institutions so each borrower must provide to the Board a Letter of Credit, sufficient guaranty or other credit enhancement to secure the loan. Borrowers must also fill out an application that can be found in the banner below.