Hawaii Revised Statutes Division 1. Government § 201C-4

(1) The acquisition, improvement, or rehabilitation of land and buildings;

(2) The acquisition of equipment or services;

(3) Working capital; and

(4) Any other purpose reasonably related to an economic development project concerning the financial services industry, including but not limited to consulting and other related services.

(1) Procure insurance, a guarantee, or a letter of credit from any source for all or a part of a loan, debenture, or lease of others, public or private;

(2) Procure insurance, a guarantee, or a letter of credit for either a single loan, debenture, or lease or for any combination of loans, debentures, or leases; and

(3) Procure consulting and related services for the purposes of this chapter.

(1) The maximum term of a loan shall not exceed twenty years;

(2) Each loan shall bear simple interest at a rate of not less than three and not more than ten per cent a year, depending on the nature of the loan; and

(3) The commencement date for the repayment of the first installment on principal and interest of each loan may be deferred by the director of business, economic development, and tourism for a period not to exceed two years.