Lowering the cost of expansion
MEDCO and the City of Marion recognize that upfront capital cost, particularly land acquisition, is a major hurdle for companies to clear. We have developed a financing program to limit cost and provide companies land, or 'instant equity', at little to no cost.
This program allows companies building a new facility to acquire a site and get a free & clear title to property. This land is then able to be leveraged to secure further private project financing. This project is reserved for larger development projects, typically four acres in size or larger, and must first qualify for Tax Increment Financing support from the City of Marion.
Contact Us to learn more about the program and how we can expedite your project timeline and increase your equity while drastically reducing project cost.