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Workforce Housing Critical to Local Employment:
Like many hard-working Vineyarders who want to remain on the island, Mark Clarke must operate more... [ Read More] |
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Renewed Vitality:
Bob Weekes has nurtured his restaurant, the Raw Bar, from a fledgling start-up to the renowned business it is today - an establishment ... [ Read More] |
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Increasing Technical Jobs to Preserve the Region's Environment:
The preservation of our region's unique environment has a direct relationship to ... [ Read More] |
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2010 ANNUAL MEETING
Please join Coastal Community Capital at our Annual Meeting. Marcus (Mark) Weiss, President of The Economic Development Assistance Consortium, Boston, MA will be our featured speaker. Mr. Weiss has over thirty years of experience in the formation of community development entities. In addition, he regularly serves as a consultant to the National Congress for Community Economic Development and is a member of the Enterprise Foundation's Best Practices Database Advisory Board. Mr. Weiss' focus will be "National Innovative Community Development Models".
Location: Alberto's Ristorante, 360 Main St., Hyannis
Time: 11:30 am to 1:30 pm
Cost: $25.00 (Lunch will be served)
Click Here to RSVP. Please direct all questions to Marcia Gaudet at 508-362-3367
$1,000,000 Per Month!
Since the implementation of the Stimulus Act last year, Coastal Community Capital has utilized programs under the Act to provide approximately $1,000,000 per month in loans to the region's small businesses. This month, we anticipate the trend will continue.
The majority of the loans provided have been in partnership with the U.S. Small Business Administration (SBA). Coastal Community Capital is an SBA Certified State-wide Lender. Thanks to the Act, most SBA borrower fees were waived, resulting in savings of up to 3% of the loan amount. Funds have been used for debt restructuring, working capital, business acquisition, and equipment acquisition.
This program is still available for commercial real estate and equipment acquisition. Last month the rate was 5.46%, fixed for 20 years, among the lowest rates ever! Give us a call. We hope we can help you take advantage of Stimulus Act benefits for small businesses!
Our 2010 Workshop Series is in full swing!
Generously supported by Cape Cod Five Cents Savings Bank
We've brought back some of our most popular workshops:
- "Constant Contact" and "Quickbooks"
We've brought back some of our most interactive workshops:
-"Tax Strategies" and "Managing Cash Flow"
and some new, timely workshop topics:
- "Stimulus Funds for Electronic Health Care Records"
- "Secure Data:Complying with the State's New Identity Theft Prevention Regulations"
Click here to view all Workshops and register.
We're here to help small business!
During this economic crunch, Coastal Community Capital is working hard to meet your small business needs. Whether that means offering workshops to help you manage your business better, or partnering with local banks and the SBA to offer you the best rates, Coastal has plenty of resources available to you. Be sure to visit our News, Reports, and Resources page for the most up-to-date information from the IRS and SBA as well as video from last year's workshop series.
We provide business loans to Massachusetts businesses so they can create jobs and grow revenues. Our focus is economic development – job creation and job retention. We train and educate entrepreneurs to be successful in their business.
If you are a small, but growing, business and have a vision of financial success, our low interest business loans and training will help you to grow at your own pace. Are you buying real estate, purchasing equipment, buying a business, refinancing debt, growing your business, in the commercial fishing or seafood business, or don’t have enough money to put down? We provide commercial lending assistance to address a variety of business financing needs in cooperation with local lenders and other partners to Massachusetts businesses. Find out what hundreds of business owners know - we will coordinate your loan with the right lender for you – we are fast, courteous, and effective.
Put simply, Coastal Community Capital finds the way to fill the gap between what a traditional lender is willing to provide and what a business needs to grow. As small businesses strive to meet the challenges of economic growth and change, we will continue to provide loan capital to Massachusetts businesses, especially those in Southeastern Massachusetts, the South Shore, South Coast, and Cape Cod and the Islands as they build commercial ventures and create employment for our population.
Don't forget, in addition to commercial lending, Coastal also provides free business counseling 8:30 to 5:00, Monday through Friday. For Business Plan development and marketing advice, contact Alison to set up an appointment with Senior Management Counselor Cliff Robbins. For lending advice, contact Beth or Jeannine.
And, as always, we invite both businesses and financial partners to participate with us in future opportunities for lending, growth and success.
Call Jeannine Marshall or Marcia Gaudet at 508-790-2921 for further assistance.
Coastal Community Capital is an Equal Opportunity Provider.
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