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Equipment Purchase

Tax Incentives & Loan Programs

  • MassDevelopment's Equipment Loans provide below market-rate financing of $50,000 to $500,000 for new equipment.
  • MassDevelopment TechDollars: Access to 100% financing at below-prime rates for technology equipment purchases and installation by nonprofit organizations with annual revenues of $5 million or less.
  • Emerging Technology Fund: Provides loans and guarantees for facilities and specialized equipment for technology-based companies.
  • US Small Business Administration (SBA): CommunityExpress loan programs will provide financing to eligible applicants.

Specific Locations

If your project or development is located in the following regions in Lowell, you may be eligible for more opportunities.

  1. Renewal Community (map): 0 Percent Capital Gain
Contact Info

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Stephen Stowell
Administrator
(978) 446-7200 x 1443, voice
sstowell@lowellma.gov
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Kim Zunino
Assistant Administrator
(978) 446-7200 x 1444, voice
kzunino@lowellma.gov


Fax : (978) 970-4262

Location:
JFK Civic Center
50 Arcand Drive
Lowell, MA 01852

Office Hours:
9:00 A.M.  - 5:00 P.M.,
Monday - Friday