Financial Resources
Plymouth is pro-business and is ready to earn your business, offering a wide array of incentive options. These incentives can help you make a good deal better; offsetting the costs of relocation, facility start-up or lower operating costs over the first years in the new location. Click on: Application for Financial Assistance and download our package that will inform you about the Town and Business Park incentives we can offer.
The Town of Plymouth is a business friendly community that proactively courts development. The economy of Plymouth is a rich, diverse mixture of professional, commercial, retail, contract services and traditional discrete-parts manufacturing, as well as, a small agricultural component. The town has a proud history of invention and innovation dating back nearly 200 years to Eli Terry's clockworks and the Eagle Lock Company.
Plymouth offers competitive incentive options for all types of businesses. An aggressive financial incentive program can help reduce operating costs in the initial stages of business development, a grant from the economic development fund can help offset the costs of relocation and the business friendly town government is eager to work with businesses to ensure a smooth development process.
It has been said that time is money and money is business. If your business is ready to expand and you are seeking a location that can maximize this effort, consider Plymouth, where it is time for business.
Loan Gurantees
Phase III of the Plymouth Business Park qualifies for a USDA Loan Guarantee Program, link below. The purpose of the B&I Guaranteed Loan Program is to improve, develop, or finance business, industry, and employment and improve the economic and environmental climate in rural communities. This purpose is achieved by bolstering the existing private credit structure through the guarantee of quality loans which will provide lasting community benefits. It is not intended that the guarantee authority will be used for marginal or substandard loans or for relief of lenders having such loans.
http://www.rd.usda.gov/programs-services/business-industry-loan-guarantees