TIF Monetization Loan Program

Economic Development & Tax Incentive Finance

Providing a unique lending solution for developers

At Northwest Bank & Trust Company we look for market opportunities that require the development of unique commercial lending solutions that provide superior value. Our Tax Increment Financing (TIF) Loan Monetization Program does that by helping developers convert pay-as-you-go TIF incentives into cash. The lenders in our Economic Development Division are uniquely positioned to help you because they come from an economic development background. They have an understanding of the issue from both sides of table.

TIF Loan Developer Benefits

  • Reduce your out-of-pocket investment in the incented project.
  • Invest in larger incented projects.
  • Increase cash-on-cash returns.
  • Free-up value trapped in incented projects for use in an unrelated project.

TIF Loan Municipality Benefits

  • Mitigates much of the deal risk for the municipality offering the incentive.
  • Establish payment expectations to ensure that increment value will be generated.
  • Municipality borrowing capacity at debt limits are not impacted.
  • The developer is more likely to follow through on the project as their funds are put in first.
  • Allows for more flexibility, avoids the complexities and has lower costs than bonding and other alternatives.

TIF Loan Benefits for both Developers & Muncipalities

  • Municipalities are able to offer a pay-as-you-go incentive model, while affording the developer the opportunity to realize their funds upfront.
  • With a higher equity infusion, the project becomes substantially more viable.

Lending Millions Across the Midwest (and Beyond)

Our TIF lenders are ready to give specialized attention to your development project, no matter the location. Northwest Bank lenders are located in Iowa, Illinois, and Wisconsin to provide expertise across various regions. Please fill out the form below or contact a lender to learn more. We look forward to talking with you!

Would you like to know more about how our TIF Monetization Loan Program can work for you?

TIF Loan Program
Emily Blaylock

Emily Blaylock

Senior Vice President
Chief Lending Officer

Emily has spent six years in accounting and over 15 years in banking. She has held a variety of leadership roles in commercial lending ranging from large multi-national banks to local community banks, joining Northwest Bank as Chief Lending Officer in 2016.




Adam Holland

Adam Holland
Assistant Vice President
Commercial Loan Officer
Economic Development Division – Illinois

Having spent over 12 years working for the Quad Cities Chamber of Commerce with a focus on Community and Economic Development and serving as a board member of the Bettendorf Community School District, Adam brings a distinctive skillset to Commercial Lending. He is a certified Professional of Community and Economic Development (PCED) through the Community Development Council and a member of the Illinois Tax Increment Association, having been an ITIA conference presenter.


Linda Wunsch

Linda Wunsch
Assistant Vice President
Commercial Loan Officer
Economic Development Division – Iowa

Linda has 30 years of expertise in economic development and a deep knowledge of TIF and deal structuring. She also carries the following certifications: Certified Economic Development Professional CED, Certified Economic Development Finance Professional CEDFP, and Certification in Leadership in Energy & Environmental Design Accredited Professional LEED®AP.



Tom Casanova

Tom Casanova
Assistant Vice President
Commercial Loan Officer
Economic Development Division – Wisconsin

Tom has a varied background in business and economic development, and most recently served as the Senior Manager of Business Development at the Waukesha County Business Alliance. Tom’s main motivation has always been helping people and businesses achieve success.


Beth Rogers

Beth Rogers
Lending Operations Officer
Economic Development Division