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This financing option allowed the contractor to get the equipment on-site and working while still maintaining a line of credit in case of emergency or unexpected expenses during the term of the lease. The profits earned with the crushing plant during the lease period allowed the contractor to pay the appraised value of the plant at lease end.

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the ceiling on loans under the Scheme has been raised from Rs. 40 lakh to Rs. 1 crore; (b). the rate of subsidy has been enhanced from 12 per cent to 15 per cent; (c). the admissible capital subsidy is to be calculated with reference to the purchase price of plant and : machinery, instead of the term loan disbursed to the beneficiary unit; (d).

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Spiritwood soybean crushing plant awarded loan Posted by KCSi News in Featured on August 2, 2017 5:01 pm / no comments Bismarck (CSi) — The North Dakota Development Fund, a loan program within the North Dakota Department of Commerce, awarded funding for five projects totaling $2,460,500 at its monthly board meeting held in July.

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