Southeastern MA Business Lenders

Growing Your Business?

Ideal Project

This loan is ideal for the growing business whose historical financials cannot support the proposed debt service and require the lender to rely upon projections.

Project Size

Starting at $10,000 to under $ 500,000.

Qualifications

Funds are available for start-up/existing, for profit and non-profit businesses.

Terms

The length of the loan will be contingent on the use of funds.  Working Capital up to 5 yrs, Equipment up to 10 years, Real Estate up to 20 years, Business Acquisitions up to 10 years.

Interest Rates

Competitive and based on the current market rates. 

Repayment

Seasonal repayments are encouraged for seasonal businesses.

Collateral

Required.

Servicing Fees

None after closing.

Example

An experienced landscaper wants to start his own business. He considers a home equity line but is concerned about high monthly payments during the off-season. Coastal Community Capital structures a loan allowing the borrower to make low, interest-only payments during the off-season, preserving cash to cover monthly expenses when cash flow is tight.