The Incentive System in Numbers

Oita prefecture financing system

We provide loans to companies that are establishing new offices in depopulated areas or in intelligent towns.

 

Target audience

Small and medium-sized enterprises that meet the following requirements

• New location in depopulated areas, etc.
• Industry: Manufacturing industry, product inspection industry, software industry, natural science research institute, information processing and provision service industry, Internet-related service industry, design industry, mechanical design industry, engineering industry, transportation industry, tourism and leisure industry, BPO business, call center industry
• The company plans to hire 10 or more new people and employ more than 20% of the employees in the area. However, for software industry, information processing and provision service industry, Internet-related service industry, design industry, and mechanical design industry, the plan is to employ 5 or more new people and employ 20% or more of residents in the area.

Target business

Acquisition of land, buildings, and equipment for new business establishments

Loan limit

300 million yen (within 1/2 of the project to be financed)

loan interest rate

1/2 of the long-term prime rate on the loan disbursement date

Loan period

Within 10 years (including grace period of 2 years or less)

Redemption method

Principal redemption in equal monthly installments

Designated financial institution

Oita Bank, Howa Bank, Shoko Chukin Oita Branch

Loan conditions such as collateral

As determined by the designated financial institution

Contact information

Oita Prefecture Commerce, Industry and Labor Department Corporate Location Promotion Division
Business Attraction Team (Prefectural Office Main Building 7th Floor)

TEL

097-506-3245

FAX

097-506-1755

How to apply

Submit an application for approval for financing to the Management Creation and Finance Division of the Oita Prefecture Department of Commerce, Industry and Labor as shown below.

Application/Inquiries

Oita Prefecture Department of Commerce, Industry and Labor Management Creation and Finance Division
Financial/revitalization support group (7th floor, prefectural office main building)

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TEL

097-506-3226

FAX

097-506-1882

Target audience

• Companies newly located in Intelligent Town (Takae, Oita City)
• New employment of 10 or more people
• Industry: Software industry, information processing service industry, design industry, mechanical design industry, engineering industry, natural science research institute

Target business

Acquisition of land, buildings, and equipment for new business establishments

Loan limit

300 million yen (within 1/2 of the project to be financed)

loan interest rate

1/2 of the long-term prime rate on the loan disbursement date

Loan period

Within 10 years (including grace period of 2 years or less)

Redemption method

Principal redemption in equal monthly installments

Designated financial institution

Oita Bank, Howa Bank, Shoko Chukin Oita Branch

Loan conditions such as collateral

As determined by the designated financial institution

Contact information

Oita Prefecture Commerce, Industry and Labor Department Corporate Location Promotion Division
Business Attraction Team (Prefectural Office Main Building 7th Floor)

TEL

097-506-3245

FAX

097-506-1755

How to apply

Submit an application for approval for financing to the Management Creation and Finance Division of the Oita Prefecture Department of Commerce, Industry and Labor as shown below.

Application/Inquiries

Oita Prefecture Department of Commerce, Industry and Labor Management Creation and Finance Division
Financial/revitalization support group (7th floor, prefectural office main building)
TEL 097-506-3226　FAX 097-506-1882

TEL

097-506-3226

FAX

097-506-1882

Municipal financing system

We provide long-term, interest-free loans to support private investment that contributes to regional development.

Target audience

A private business with legal personality that meets the following requirements:

• More than 1 new employee [For prefectural loans: 5 or more people (1 person for renewable energy electricity business)]
• The total cost of financing, excluding land acquisition costs, is 10 million yen or more
• Start operations within 5 years after signing the contract for land acquisition, etc.
• The target project must be implemented from the perspective of public interest, business profitability, etc.

Target business

1. Costs related to equipment acquisition, etc.
2. Ancillary expenses necessary for acquiring the equipment, such as testing, research and development expenses

(The loan amount for 2 is less than 20% of the total loan amount per target project.)

Loan limit

2 billion yen [Prefecture: 8 billion yen]
(In the case of depopulated areas or remote island areas, the amount can be increased to 2.4 billion yen [prefecture: 9.6 billion yen])
50% of the total loan amount related to the loan-eligible expenses (60% for depopulated and remote island areas)

loan interest rate

Interest-free

Loan period

5 years to 20 years (including a grace period of 5 years or less)

Redemption method

Principal repayment in equal semi-annual installments

Designated financial institution

Private financial institutions, etc.

Loan conditions such as collateral

A joint guarantee from a private financial institution, etc. is required.

Application/Inquiries

For details, please contact each municipality.