MGCC is a statewide intermediary lender for the US SBA Microloan program, which provides financing from $5,000 to $50,000 to Massachusetts small businesses to assist with working capital, or the purchase of furniture, fixtures, supplies, materials, and/or equipment.
Site Type
Eligibility
Existing businesses;For profit businesses;Headquartered in Massachusetts;Requires minimum personal credit score of 575, with no historical or pending charge offs by creditors permitted or existing government liens;Requires 2 years tax returns, business and personal;Requires lien on all business assets;Requires personal guaranty
Target Geography