If the city of Peabody’s exceptional location, convenience, and value weren’t enough reason alone to start or expand a business in Peabody, the benefits available through the city’s Community Development Authority (CDA) offer additional incentives to do so!
The CDA’s Business Loan Program, which offers a flexible source of loan funds for commercial and industrial projects, was created to encourage the creation and retention of quality jobs and to increase the tax base. With help from the CDA, hundreds of applicants have retained, expanded, or started their business in the City of Peabody by acquiring loans for equipment, land or site acquisition, construction and redevelopment.
To learn more about the program and how your business might qualify:
- Download the Business Loan Program’s brochure
- Download the CDA Fact Sheet & Business Loan Application
- Download the Personal Financial Statement Form
For more information, please contact Peabody’s Department of Community Development & Planning at 978-538-5770.
To learn more about Peabody and its available commercial properties, please visit www.PeabodyWorks.com.