Coastal Community Capital Apply for a loan online today
5 Patti Page Way, Centerville, MA 02632
Mon - Fri      8:30 AM - 5:00 PM
508 790 2921

Business Growth

Massachusetts is a unique place to live and work. With the majority of companies being small businesses, we provide the financing for entrepreneurs to start their own business. 

IDEAL PROJECT Seasonal business start-up avoiding a home equity line due to high monthly payments during off-season. Coastal structures a loan allowing for low, interest-only payments during the off-season, preserving cash to cover monthly expenses when cash flow is tight.
PROJECT SIZE $10,000 to $500,000
QUALIFICATIONS          
  • Start-up
  • Existing
  • For Profit
  • Non-Profit
TERMS Length of loan contingent on use of funds:
  • Working Capital: up to 5 years
  • Equipment: up to 10 years
  • Real Estate: up to 20 years
  • Business Acquisitions: up to 10 years
INTEREST RATES Competitive. Based on current market rates.
REPAYMENT Seasonal encouraged for seasonal businesses.
COLLATERAL Required
SERVICING FEES None after closing
USES Growing businesses whose historical financials cannot support proposed debt service and require lender to rely upon projections.
 
Other terms and Conditions will apply. Prices, terms and conditions subject to change without notice on all loan products.

 

Last updated: May 16, 2012

Lending. Growth. Success.

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