Download the entry form for the 2017 City-wide SALES EVENT now! If you're having a sale, you need to register ASAP!
MONEY (INCENTIVES, FINANCING SOURCES, and TAXES)
Carthage has a Tax Increment Financing District that includes many sections of the community that are excellent locations for your business. This includes large and small building sites with highway access on the east side of Carthage around the Highway 336 interchange, locations on Route 136 going through the community east to west, and buildings on the downtown courthouse square. The TIF program is created by state statutes to generate funds that can be used for redevelopment project costs.
Local banks and other development groups in our area are always available to talk with persons interested in starting up a new business.
|First Bankers Trust|
West Buchanan Street
|First Community Bank|
618 Main Street
|First State Bank of Western Illinois|
433 Main Street
|Marine Bank and Trust Company|
Prairie Hills Resource Conservation and Development
Specifically for development loans
Contact: David King, Director
321 University Drive
Macomb, IL 61455
Western Illinois Community Development Corporation
Specifically for development loans, initiated through local lenders.
Contact: Lynn Fisher, Marine Bank
Western Illinois Economic Development Authority (WEIDA)
Specifically for tax-free bond financing and revolving loans
Contact: Andrew Hamilton
Western Illinois Electrical Coop
Revolving loans for business development
Contact: Tommie Long
Carthage Property Taxes
Carthage has one of the lower tax rates in the state, and strives to keep it that way!