Financing

View IKO Construction Progress Live Here!

Close

Financials Institutions Partners in Community Development

Financial capital is the life-blood of any business. Currently, interest rates are low and lenders are looking for qualified borrowers. Clay County, Florida is home to a wide range of banks, credit unions and public finance options. The banks and agencies shown below support the Clay Florida Economic Development Corporation and Clay County small businesses.

Clay County Development Authority Industrial revenue, health care, and education bond financing

The Clay County Development Authority was established by a special act of the Florida Legislature in 1957 for the principal purpose of promoting sound economic development of Clay County. They are a strategic partner with Clay Florida Economic Development Corporation, Clay County Chamber of Commerce, numerous businesses, Camp Blanding Joint Training Center, and other local, regional and state agencies.

Notable examples of their work include:

Providing industrial revenue bond financing for employers
Financing capital improvements
Assisting with health care and education bond financing
Establishing the Harbor Road Industrial Park
Assisting numerous business recruitment and retention projects

"I choose Clay County to locate my high-tech company because the labor pool, which traditionally would commute an hour was readily available minutes away from our office. The move raised all of our employees quality of living and happiness, allowing me to recruit top talent and keep them." Brian Knight, Co-Founder, Pragmatic Works
"I truly appreciate the effort you have put in to move this along! In my 26 years in the development business, I have rarely received this type of support!" Kent Gregory, MGB Development Group
"Clay EDC has proven to be a vital resource for Calavo's expansion into the southeast U.S. Assisting in early-stage due diligence thru the move-in and operational start-up of our Green Cove Springs facility, Clay EDC has been a go-to source for information, contacts and relevant solutions to often complex issues." Mike Browne, Vice President, Calavo Growers Inc.
"Clay County is uniquely positioned for the distribution of our marine products. We have effectively extended our reach, decreased our freight transit times and lowered both inbound and outbound freight costs. Lower expenses, business friendly and first class port access have combined to deliver us to the next level." Edward Gaw, President, Hi-Liner Fishing Equipment & Tackle, Inc.
"For any business - what could be better than 80,000 people of all skills eager to work closer to home. Clay County has that and a high quality of life in a safe environment to raise a family. With great schools added it's a 'no brainer' for me." Jerry Agresti, CEO and Founder, Developers Realty Group
"I truly believe that our relationship with Clay EDC is one of the major reasons for our rapid ascension into the political and civic conversation in Clay. I encourage anyone interested in getting engaged in the county on a deeper level to become a sponsor." Terrance Freeman, Government Relations