Areas Served: Berkshire, Franklin, Hampden, Middlesex, Norfolk and Worcester counties WMEF makes direct loans up to $300,000 to qualified borrowers with businesses located in Berkshire, Franklin, Hampden, Middlesex, Norfolk and Worcester counties in Massachusetts. Loans can be used for working capital, equipment, and capital improvements. Loans must further the economic development mission of WMEF by
Read MoreAreas Served: City of Boston The Boston Local Development Corporation (BLDC) is a private 501(c)(3) non-profit Corporation administered by staff of the Boston Planning and Development Agency of the City of Boston, Massachusetts. The BLDC provides loans of up to $150,000 for businesses in, or relocating to, the City of Boston. These loans can be
Read MoreAreas Served: Hampden County, city of Fall River The Fall River Office of Economic Development (FROED) offers Fall River businesses (Hampden County, city of Fall River) low-interest financing through its all-new Business Advantage Fund (BAF). This unique gap financing tool complements other private and public loan programs available on a local, state and federal level.
Read MoreAreas Served: Hampden, Hampshire, Franklin, and Berkshire Counties in western Massachusetts, as well as northern Worcester County WMEF provides business loans to start-ups, existing enterprises, and nonprofits. Terms are flexible and designed to address the needs of the business. WMEF offers term loans and renewable lines of credit. Loans are for business purposes including: capital
Read MoreAreas Served: City of Pittsfield The Pittsfield Economic Revitalization Corporation (PERC) makes loans to qualifying companies making fixed asset investments in Pittsfield, Massachusetts that will result in the addition or retention of jobs for low- and moderate-income citizens and families. Loans are made as “Companion Loans,” in conjunction with Massachusetts or Federal programs and/or private
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