Financial assistance may be made to, or on behalf of, any for profit entity, sole proprietorship, partnership, corporation or joint venture carrying on business, or organized to carry on business, in this State. Financial assistance authorized under this Article may be in the form of participation agreements with participating lenders, direct loans, grant agreements, purchases of qualified security or any other form as determined by the Department. (20 ILCS 700/Art. 3.5 heading) ARTICLE 3.5. BUSINESS MODERNIZATION INITIATIVE
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