Snap Finance

Project Name 
Date Announced 
3Q 2016
West Valley City, Utah
“We find Utah a compelling location with a favorable business climate. We are excited to build our team with both local and relocated talent.” -- Matt Hawkins, CEO



$2.5 million


Snap Finance may earn up to 15 percent of the new state taxes they will pay over the five-year life of the agreement in the form of a post-performance Economic Development Tax Increment Finance (EDTIF) tax credit rebate. As part of the contract with Snap Finance, the GOED Board of Directors has approved a post-performance tax credit rebate not to exceed $563,939. Each year as Snap Finance meets the criteria in its contract with the state, it will earn a portion of the total tax credit rebate.

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