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Bucks Guaranteed

In order to foster increased bank lending and leverage increased private investment in both equity and debt while reducing capital outlays from public financing programs, where demand traditionally outstrips available resources, Bucks County established a loan guaranty program backed by funds held by the various county economic development agencies or lenders. The program will target companies in the county that have a clear and demonstrated competitive advantage to grow and expand while providing workers with good jobs at living wages.

Examples of acceptable uses for this program include reuse of greyfield and brownfield sites that require remediation as well as Main Street and downtown redevelopment related to smart growth; improvements to critical infrastructure, and related activities.

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