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Lynn Announces New Small Business Loan Fund with Technical Assistance Services

The City of Lynn and EDIC Lynn are pleased to share a new opportunity above and beyond current support provided by EDIC Lynn. The Lynn Small Business Loan Fund, a new and additional funding opportunity will offer loans to Lynn’s existing and start-up businesses that cannot currently access financing from a traditional bank or credit union lender. Loans will range from between $5,000 to $100,000 with a one percent closing fee, feature a fixed interest rate, and have a term of up to five years.

For ore information and to apply, click here

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THE DIVERSITY CATALOG IS HERE!

 
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EDIC Annual Report
2020

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Thanks For Visiting The EDIC Lynn Website!

Thank you for stopping by and visiting our website. As we move forward with plans to shape the future of Lynn, it is with the realization that we are making history.

During the next decade, you will see development where power lines once stood. It is our ultimate goal to transform the waterfront into a bustling, pedestrian-friendly destination for residents and visitors alike.

Downtown Lynn is also going through a transformation of its own. More and more urban professionals and families are moving into state of the art lofts and shopping and dining in our business district. Despite the challenging economy, there has never been a better time to provide financing to the local businesses in this city. Since 1977, EDIC/Lynn has helped to strengthen Lynn’s economy by encouraging existing companies to expand or new businesses to relocate. New ventures are coming into the former J.B. Blood Building, expansion plans are occurring for Lynn Community Health Center, the Visiting Nurses Association and longstanding establishments are continuing to evolve and grow.

It is a remarkable time to be living or working in Lynn- a time your children and grandchildren will one day be talking about. Be proud of Lynn, the City of Firsts, and be even prouder of our efforts to make it the city of the future.

Sincerely,

James M Cowdell, MBA
Executive Director

CALDWELL APARTMENTS
Built on the site of the historic
Spinney & Caldwell shoe factory,
Caldwell is home for doers and
dreamers, artists with active
imaginations, and people looking
to launch their lives in a city that
never stops surging ahead.
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The Downtown Lynn Cultural District has so much to offer! Check out this fantastic video created with Lynn Community Television featuring just a few of the people and places that make living and working in the District so great. Check out our new video here!