Business Incentives
From low interest loans to financing and tax credit programs, we can help get you closer to profits!
Revolving Loan Program
The City of Two Rivers offers competitive financing to help fund new businesses or expansion projects. The city's revolving loan fund has helped more than 25 companies expand operations and create jobs in Two Rivers. The fund collects about $400,000 in loan repayments every year. These dollars can then be used to support other growing firms with loan amounts up to $500,000.
Read More About the Revolving Loan Program
Downtown Loan Program
Available for businesses in the Business Improvement District (Main Street Program) - 3% fixed rate for up to 8 years. Other terms and conditions apply. If you are located within the Business Improvement District, you may be eligible for assistance through the Main Street program. State personnel offer assistance with business plan development, advertising, financial analysis, inventory control, merchandising, marketing and other facets of operating your business. In addition, one-time federal and state credits are available to help rehabilitate buildings that were constructed before 1936 or are on the National Register of Historic Places.
Read More About the Downtown Loan Program
Utility Incentive Programs
Two Rivers Water & Light has several programs for commercial and industrial customers to help save money through improved energy efficiency. Whether you?re upgrading equipment, renovating your facility, thinking about expanding or simply looking to reduce your energy costs, give them a call.
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Tax Incremental Financing (TIF)
TIF is the most significant economic development tool available to local governments in Wisconsin. By establishing TIF districts, municipalities can capture the net incremental property tax revenues resulting from new development or redevelopment projects. That revenue can then be dedicated to funding certain permitted activities that support the development or redevelopment project, in accordance with an approved TIF plan.
Read More About the Tax Incremental Financing (TIF)
Help With Your Business Plan
A strong business plan will help you plan your new venture. It will help us expedite your request for assistance. The documents on this page are provided to help you in developing your business plan and related documents. You can also use these to "sell" your idea to banks, investors and potential customers.
