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  2. MassDevelopment Equipment Loan

MassDevelopment Equipment Loan

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Source: MassDevelopment

The equipment loan program offers:

  • Loans or bank loan participations from $100,000 to $3 million
  • Fixed rate financing
  • Loan terms up to seven years
  • Loan advance rates up to 100% of the cost of new equipment, or 100% of orderly liquidation value of used equipment 

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