Areas Served: Merrimack Valley communities of Amesbury, Andover, Boxford, Georgetown, Groveland, Haverhill, Lawrence, Merrimac, Methuen, Newbury, Newburyport, North Andover, Rowley, Salisbury and West Newbury. Merrimack Valley Economic Development Corporation (MVED), a non-profit subsidiary of the Merrimack Valley Planning Commission, has established a revolving loan fund to support the growth and retention of jobs in the
Read MoreAreas Served: Statewide Massachusetts Massachusetts Growth Capital Corporation offers a number of different loan programs for Massachusetts based businesses. Subordinated Loans Many of our loans are made in conjunction with bank financing. Typically, the bank will have a senior position on assets and MGCC will be in a subordinated position. These loans are usually written
Read MoreAreas Served: City of Lynn, Massachusetts The Lynn Municipal Finance Corporation Loan Program is provided through the City’s Block Grant Program; serving small businesses in the Lynn, Massachusetts community since 1979. Financing is offered at a 4.5% fixed interest rate over the term of the loan, preference is given to those businesses located geographically in
Read MoreAreas Served: Town of Barnstable The Town of Barnstable, Massachusetts partnered with Coastal Community Capital to establish and administer a business Micro-Enterprise Loan Program funded by the U.S. Department of Housing and Urban Development Community Development Block Grant program (CDBG). The general guidelines and contact information are listed below: 1. Eligible applicants: defined as micro-enterprise
Read MoreAreas Served: Statewide Massachusetts Each loan request is unique simply because companies, their economic circumstances and conditions, are unique. Mass Growth Capital Corp, therefore, does not operate with a one-size-fits-all approach. These loan products are the most frequently used loan types. They can be used in combination and, in some cases, are converted from one
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