Business Loans for Your Payson, Arizona Business

If you are thinking of starting a new business in Payson, expanding an existing one, or even relocating a business to this region and need financial assistance, we can help! By applying for a business loan through the Payson Industrial Development Authority Loan Program you can reach your business goals!

Loans provide alternative funding when conventional bank funding is not available. They are available to any business that meets loan requirements, many of which are listed below.

General Loan Information:

• Minimum Loan Amount: $15,000

• Term of the loan: typically three years

• Job retention and/or creation required

• Interest rate competitive based on loan term and market risk

• Can provide gap financing

• Available when conventional funding is not

​ Loans Must Be Used for One of the Following:

• Working capital

• The purchase of furniture, fixtures, and supplies

• Inventory or equipment

• Business acquisition

• Renovation

• The purchase or lease of real estate that is already improved and will be used for the location of the business only.

Find a full step by step process for applying for the Payson Industrial Development Authority Business Loan by clicking here.

The Payson IDA has a broad business background and understanding designed to help businesses in the community not only exist but thrive. Through the use of our loan program, a new business owner or current business can receive the capital help they need to continue to grow and become an established business in Rim Country.

For more information about the Payson IDA and it's resources visit www.paysonida.com

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