Lynn is one of the cities topping the list of communities facing a “grocery gap” – areas labeled as Food Deserts, where the state is poised to foster development of new grocery stores and healthy food enterprises.

Understanding this need, Jorge and Ana Aguirre – along with their daughter Evelyn Figueroa and her husband Johnny – reached out to Coastal Community Capital for loan assistance.  Their business, Ernie’s Harvest Time, was a tenant at its downtown Lynn location for many years under their ownership and prior ownership.  Concerned that the location might be sold…
they looked to purchase it and secure their future.

Jorge and Ana – Guatemalan immigrants who later achieved US citizenship – took great pride in the fact that their former grocery/convenience store in Everett was one of three recruited as part of a Healthy Marketing Program launched by the state in that town. Jorge built storage bins to display their fresh fruits and vegetables in front of the store, and he created a healthier version of Papusas, one of the more popular take-out items by his Latino customers.

The Aguirres were committed to the healthy food movement and the purchase of Ernie’s and subsequently, its real estate, with their daughter and son-in-law seemed like a natural fit. A grocery store since 1960 (relocated from Boston Street to Essex Street in 2013), Ernie’s is considered by many a staple in the Lynn community and has a loyal following.

They worked alongside the Coastal Community Capital team to secure the commercial loan needed to buy the building at 597 Essex Street in Lynn in 2018.  Online reviews of the store praise the new owners’ quality ground beef and deli meats, its healthy food options that aren’t overpriced, and its wide selection of fresh produce.

Financial support for this loan was provided by MassDevelopment: Growth Capital Division.

“I knew I would not be reinventing the wheel with this business opportunity,” Massard said. “I’d be following an established model for success. I was ready for the challenge.”

Once they negotiated a franchise deal, Massard got to work. Her top priorities were securing a business loan, finding a location, and hiring/ training a technician for the new business.

Massard was connected to SCORE Cape Cod, and her mentors put her in touch with Coastal Community Capital after reaching out to her bank for loan options. She relied on SCORE’s guidance to create a business plan and develop cash flow predictions.

“It was such a learning experience for me,” Massard said. “My mentors, Mark Lowenstein and Steve Pinard, along with Bill Flynn and Jeannine Marshall from Coastal, were so positive, supportive and helpful as I navigated the loan process. It made the experience, from beginning to end, so much easier.”

Massard was excited to secure space in an existing beauty salon, Clau’s Beauty Salon and Spa on Main Street in Hyannis. She brought a motivated and reliable technician on board to begin training, and is now looking forward to a grand opening in July. She hopes her central downtown Hyannis location will help draw new customers in, and has also been networking through local Chambers of Commerce and dropping business cards and goodie bags off at local businesses to introduce herself.

In the next year, she hopes to start training a second technician to accommodate a larger client base. And while for now she will serve solely as the new franchise’ s business manager, she plans to eventually get trained herself.

Massard is grateful to SCORE & Coastal Community Capital for giving her both the support and confidence she needed to get her new franchise up and running.

“Coastal Community Capital was always affirming, while Mark & Steve were always pushing me to keep bettering my business plan,” Massard said. “Both helped me explore avenues I hadn’t considered, and they worked with me to tweak my business plan and tweak my way of thinking. In the end, I feel I have become a very independent and strong businesswoman. I look forward to what the future brings!”

Financial support for this loan was provided by MassDevelopment: Growth Capital Division.

“We are incredibly honored to be so highly rated by our guests,” said Dustin & Spencer, owners/innkeepers of the Inn at Cook Street. “This was an incredible year where we had the pleasure of hosting so many visitors to Provincetown from across the country. There is no better reward than seeing the Inn at Cook Street landing in the top 25 of all Inns/Bed & Breakfasts in the United States.”

It is truly exciting for all of us at Coastal Community Capital to see the hard work these amazing innkeepers pour into their small businesses pay off!

Financial support for this loan was provided by MassDevelopment: Growth Capital Division.

Beth said purchasing commercial property was a major goal in their 3-5 year business plan. However, such obstacles as limited real estate inventory and high prices in and around Boston made finding the space they needed seem unattainable.

She said the pieces finally came together through a series of professional connections. First, a business adviser introduced them to a business broker who had commercial space that fit both their budget and their operational needs. They then connected with a local bank, which led them to Coastal Community Capital. With Coastal’s help, the Quinns secured an SBA 504 Loan for the commercial real estate purchase, which required only a 10% down payment and provided the benefit of a low interest rate, fixed for 25-years.

“The SBA loan process and all of the paperwork that comes with it can be overwhelming for a small business like ours, and Coastal knew just how to navigate and expedite that process,” Beth said. “They are true advisors. They held my hand from start to finish.”

She said the future looks bright for Q’s Nuts, and the new commercial space enables them to bring in larger equipment that will speed up processing and increase productivity.

“We never would have gotten through this process without Coastal,” said Beth. “Working in tandem with our bank, they were critical in helping guide us through the process of buying a commercial property.”

To learn more about Q’s Nuts, visit https://qsnuts.com.

Financial support for this loan was provided by MassDevelopment: Growth Capital Division.

“The banking relationship with Coastal enabled us to realize that we could own commercial property and that it was attainable without too much stress,” said Christopher.

Great Barns Company had faced premium rents over the years as they struggled to find a location, and their current leased shop was small and not conducive to lumber deliveries. They came to Coastal Community Capital for assistance in securing a loan to purchase commercial space that would provide needed room to grow.

“Coastal Community Capital was extremely approachable and easy to work with,” said Christine.

Great Barns’ new location in Yarmouth will allow the small business to receive deliveries more efficiently and potentially expand down the road to include retail sales of lumber and building materials.

“Now that we have a commercial property and a place of business, we feel that we can buckle down, organize, and begin our journey of expansion for our current business,” said Christopher. “It has allowed us to go from renting to owning, which transforms our current business with more opportunities for growth.”

Added Christine, “Coastal’s involvement in our loan was the best thing that could have happened. Nick took over completely and was on top of every aspect. It was a very smooth process!”

To learn more about the Great Barns Company, visit https://greatbarnsco.com.

Financial support for this loan was provided by MassDevelopment: Growth Capital Division.

Larsson reached out to Coastal Community Capital for assistance with an action plan to walk him through the process of acquiring New England Reprographics. “Jeannine at Coastal Community Capital really broke it down for me and pointed me in the right direction on each phase – SCORE mentors, lending professionals, valuating and negotiating price,” Larsson said. “She made all the resources and connections right at my fingertips. ” He said Coastal provided valuable advice to help him avoid some unforeseen pitfalls. “It really all fell into place with some great guidance and mentorship from Coastal, and my SCORE advisors, which Jeannine set me up with.”

In late 2020, Neal and his wife Lisa took over as the new owners of New England Reprographics. Now in month two, the business is growing already.

“I took the first month to learn the production side of the business from the ground up,” Larsson said. “We’ve just bought a state-of-the-art printer for our CAD customers which gives us a huge competitive advantage and am hiring another part time person, which will allow me to get out and meet with clients. In the coming months we’re looking to get back to pre-COVID numbers and beyond. The future is bright!”

Larsson added, “It’s been my dream to own my own business, and I don’t think I could have pulled this off without the guidance that Coastal provided.”

To learn more about New England Reprographics and the services they offer, visit newenglandrepro.com.

Financial support for Coastal’s mentoring programs was provided by the MassDevelopment: Growth Capital Division.

The photo bus trend has been picking up steam in recent years, as a kitschy mobile alternative to traditional photo booths. The vintage feel of the Volkswagen bus is part of its appeal; fun props, professional technology and instant photo prints round out the unique experience.

“There is nothing like it on the Vineyard, and the weddings market on the island is big business,” Lacourse said. “I knew I could make it work. I just wasn’t sure where to start.”

After encountering some challenges while seeking a small business loan through a traditional lender, his father suggested that a community development lender like Coastal Community Capital may be able to get more creative in its lending strategy.

“I don’t think I would have been able to do it without Coastal’s help,” Mark said. “I really only pursued one other avenue, but I was quickly able to surmise it was going to be much more challenging going the route of a traditional lender.”

Lacourse said Coastal worked with him to secure a loan that was structured for seasonal businesses like his, and the rest is history. He opened MV PhotoBus in the summer of 2018.

“I’m now in my second season in business, and I’m projecting to more than triple the amount of revenue I did last year,” Lacourse said. “Business has been great!”

Also keeping him busy are a new luxury restroom trailer he’s marketing for events (an expansion of his photo booth business), along with graduation parties, private functions, and community celebrations. “I may make more doing a wedding or private event, but participating in the community events is equally important,” he said. “It builds goodwill and it builds exposure.”

MV PhotoBus was also featured in a national news story about the rise in popularity of photo booths at private functions, and Lacourse said he saw a spike in web visits after it ran in July.

To learn more about the MV PhotoBus or to book an event, visit mvphotobus.com.

Financial support for this loan was provided by MassDevelopment: Growth Capital Division.

Like many small business owners, accessing the capital needed to acquire the property was the main stumbling block that Matrisciano faced. The bank she approached wanted to help, but there was only so much they could do, so they connected her with Coastal Community Capital, which offers a low down payment, low fixed 20-year interest rate loan.

“Coastal Community Capital made buying the property possible,” Matrisciano said. “It wouldn’t have happened otherwise.” She said Coastal Community Capital was “helpful, knowledgeable and accessible” throughout the challenging loan process.

Today, Matrisciano proudly owns the property that houses her dance studio. She has hopes for future expansion, but for the time being is content with the peace of mind the property purchase has provided her.

“This has given me a sense of security, knowing that the business I worked so hard to build and the services I provide to children can continue to exist,” she said. “Year-round businesses on the Vineyard like mine are the backbone of the Island community.”

Financial support for this loan was provided by the MassDevelopment: Growth Capital Division .

Not to be deterred, he partnered with Tom Hughes and reopened the Quahog Republic Dive Bar in Falmouth in May 2010. The restaurant has a casual Cape Cod atmosphere with themes of quahogs, deep sea diving, and laid-back summer fun. With a menu bursting with local seafood, drink selection, and other American favorites, Quahog Republic now keeps its doors open year-round. In addition to the restaurant, Erik and Tom also manufacture and retail quahog related apparel products, creating a true Quahog Republic brand.

In 2012, Erik and Tom worked with Coastal Community Capital to open a second restaurant in Onset village that reclaims the beautiful waterfront location formerly enjoyed on Mashnee Island. Pleased with the success of both the year-round Falmouth location and seasonal Onset restaurant, the business partners sought Coastal’s lending support again in 2015 to open a third year-round location in the New Bedford waterfront district. In 2023, they opened a fourth location in Woods Hole. Their restaurants have been featured in The Boston Globe, on Phantom Gourmet and have garnered many readers’ choice awards for their chowder and lobster rolls.

“Coastal Community Capital has opened so many doors for us,” says Tom. “They got us the lowest rate with the quickest turnaround. They are a huge champion for small businesses.”

In addition to food and fun, Quahog Republic also gives back to the community through giving to and supporting local charities. Staying involved in various events throughout the year that support local charities keeps Erik and Tom busy but content.

Coastal Community Capital is proud to lend to businesses like the Quahog Republic, who create goodwill in the community through the creation of jobs and giving to local charities. They are past recipients of our Small Business of the Year award and we look forward to many years of their success.

Financial support for this loan was provided by the MassDevelopment: Growth Capital Division.

And then fate stepped in. In summer 2017, Leonard and Mays reached out to the Plum Porch, a charming boutique gift shop with a longstanding reputation as a great place for unique finds and locally produced gifts. Their hope was that the shop’s owner would be willing to carry a small online apparel line the sisters had designed.

They were disappointed, however, to find out that the shop had closed, creating a large void in the Marstons Mills commercial center. Upon further digging, they learned from the shop’s original owner – who had retired and sold the business back in 2015 – that the new owner had decided to close the shop after two years.

“It was one of those moments where we had to do a gut check and go with our instincts,” Mays said, of their decision to take over the retail location. “This definitely wasn’t the original plan. But this type of opportunity doesn’t happen every day.”

With no experience in commercial lending, the sisters were having difficulty finding a lender who was willing to provide business asset financing. Furthermore, they became frustrated by their lack of knowledge of appropriate questions to ask. Eventually, a residential lender referred them to Coastal Community Capital.

Coastal educated and coached Mays and Leonard on the complexities of commercial borrowing. In addition to education, Coastal provided structural options for purchasing the business and real estate at different times, which allowed them to open the store before the busy Christmas season.

“We didn’t find that with any other lenders we had approached,” Mays said. “Coastal Community Capital understood our intent and our situation, and they wanted to get to know us. They personalized the experience for us, and the entire process felt very much like a true partnership.”

Less than eight weeks after the sisters approached Coastal, they reopened the doors of the Plum Porch, creating a new business and employing nine. They look forward to purchasing the real estate in the future.

“Plum Porch is a staple in the community, and a destination for many people,” Mays said. “We are committed to keeping this the same store that so many people – including us – have known and loved.”

Financial support for this loan was provided by MassDevelopment: Growth Capital Division.

That year, he approached Coastal Community Capital, which helped him secure funds to purchase a trailer to increase productivity. In 2011 and 2012, he purchased two additional trailers with Coastal funds, enabling him to optimize performance, complete jobs on schedule, and create new jobs.

“With help from Coastal Community Capital, I was able to purchase a much needed piece of equipment, which ultimately helped our staff to do their job faster and safer, and it saved us tremendous time on job sites,” Tuleika said. “The end result was a happier workplace and greater profits.”

In 2016, Tuleika Building Company’s growth continued, as did the company’s reputation for high quality craftsmanship. Based on his positive relationship with the team at Coastal Community Capital, he sought out Coastal’s help once again to purchase additional equipment.

“Working with Coastal Community Capital simplified the loan process for me,” Tuleika said. “They are helpful, knowledgeable, accessible, and they don’t waste your time. For a small business owner, there is nothing more important than that.”

Financial support for this loan was provided by MassDevelopment: Growth Capital Division.

The partners said they finally found that support through Coastal Community Capital.

“From start to finish the team at Coastal Community Capital was exceptional,” Bowd and O’Shea said. “They talked us through the process step by step and treated us as partners from the very beginning, working with us as we secured the SBA loan. There were bumps in the road and throughout the team was accessible and approachable, and made the whole process easier.”

Five years since their initial loan with Coastal Community Capital, Bowd and O’Shea are the founders and co-owners of Salt Hotels, now a thriving collection of boutique properties that redefine the concept of a class B&B with a fresh, contemporary approach. The Salt House Inn and Eben House are their two Cape Cod properties, located in Provincetown. They also have properties in Asbury Park, New Jersey and Shelter Island, New York.

In 2016, the partners applied for their third business loan with Coastal Community Capital. With this loan, they will expand Eben House to include a four-guestroom property abutting the inn.

Today, Bowd and O’Shea’s company has grown to over 200 employees in three locations. Their first hotel – The Salt House – has been named to Travel & Leisure “World’s Great Hotels” list, and three of their four hotels have made Conde Nast Traveler’s “Hot List.” Their most recent expansion will enable them capture overflow business from their two successful Provincetown properties, which they previously had to refer out to other B&BS and inns.

The two are excited for their company’s future, and for the vision they saw to fruition.

“I really don’t think this would have been possible without the early and continuing support of Coastal Community Capital,” Bowd and O’Shea agree.

Financial support for this loan was provided by MassDevelopment: Growth Capital Division.

“I have a history with Coastal Community Capital, having worked with them many years ago when I bought my first boat,” Greiner said. “So we already had that relationship and rapport in place.”

He said Coastal gave him a short list of exactly what he needed to provide for the commercial loan and he made it happen.

“After that, the pieces of the puzzle came together quickly,” he said. “Coastal made the process as easy as could be, and it was expedited too.” Within 13 days, the loan was closed.

The 41-foot, 17-passenger vessel Greiner purchased with his commercial loan will be used for whale watching, seal watching, fishing and sunset trips. It is set to make its maiden voyage on Memorial Day Weekend of 2017. He is excited about the possibilities that lie ahead for the new business venture, and cites the planned renovation and expansion of his home base at Saquatucket Harbor as a great opportunity for enhanced visibility.

As he reflected on his recent loan experience, Greiner said he would not hesitate to work with Coastal Community Capital on future commercial projects, or to recommend Coastal to other small businesses. “They would be my first and only recommendation.”

Financial support for this loan was provided by MassDevelopment: Growth Capital Division.

“This grant was extremely beneficial for my businesses,” Pacheco said. “We’ve had a very positive response from the marketing it’s allowed us to do. We’ve seen business growth already.”

Pacheco used the mini-grant funds he received towards a new business website design; the site’s enhanced functionality and navigation will hopefully increase online bookings, he said. He also used funds to hire a professional design firm to strengthen the company’s brand, by creating a cohesive portfolio of direct mail postcards, flyers, ads and signage.

“To be able to get professionally designed marketing collateral that is streamlined and impactful was huge for us, and for our branding,” he said.

Pacheco said he’s excited about the early success of the campaign. The direct mailer, which went out to targeted zip codes, has already generated over 18 bookings, with an average retailprice of $200 each. He’s also seen private livery appointments jump from one per week to 3-4.

Another of his marketing initiatives took on a life of its own. The newly designed marketing collateral included sandwich boards, and instead of taking out a help wanted ad in the classifieds, Ed reached out to panhandlers in the New Bedford area to offer them the work. Three people ultimately took him up on the temporary job opportunity to wear the sandwich boards and help promote his business. They were told they cannot panhandle while working or they would be fired.

Word of this creative and unorthodox approach quickly spread and news outlets in the region picked up the story, creating high engagement on social media and driving web traffic to his site. He was even recognized by the New Bedford City Council for his efforts to alleviate the panhandling problem in the area by creating local jobs.
“It was like the old adage: You throw something against the wall to see if it will stick,” he said. In this case, it stuck.”

The MGCC’s Small Business Professional Development mini-grant program was made available to the small business clients of lenders like Coastal Community Capital. The program was successfully piloted on FY2015 and benefited almost 70 small businesses in Massachusetts.

Coastal Community Capital is a non-profit community development lender serving Massachusetts businesses with commercial lending expertise since 1995. For more information on how Coastal Community Capital can help support your business, fill out an online loan inquiry form at CoastalCommunityCapital.org or call 508-790-2921. This institution is an equal opportunity provider and employer.

“I have pictures of my parents taken at the Moors restaurant from before I was born” says Paul, who purchased The Revere Guest House at 14 Court Street in Provincetown in October 2015. “It’s that history that brought me back.”

With a professional background in customer relations and operations in various software companies, becoming an innkeeper may have not been the first thing on Paul’s mind when he returned to Provincetown in his early 30s for his first summer season. But that quickly changed once he purchased a condo directly across the street from the Revere Guest House, a beautifully restored 8-room colonial house owned and operated for many years by Gary Palochko and his partner David.

“I would literally sit and watch guests coming from and going to the inn from my kitchen table window,” said Paul, who soon became friends with the innkeepers across the road. “Gary and David introduced me to the process of being an innkeeper, and what is involved in running an high service and quality inn and keeping your guests happy.”

Paul was drawn to the world of innkeeping, saying “I even told them at one point, ‘Someday, I’m going to buy your inn’.”

That day came in late 2015, when the Revere Guest House went on the market. Through his financial adviser and Eastern Bank, Paul was put in touch with Coastal Community Capital to guide him through the SBA loan process.

“When I told people I was applying for an SBA loan, there would be a look of horror on their face,” Paul said. “You’d think I had told them I was going to jump into a pit of fire. It made me question whether it was the right route for me to take to buy the inn.”

He said his concerns were quickly alleviated. “Coastal Community Capital made the process so incredibly simple. I threw them a lot of curves along the way – the loan amount changed, the loan structure changed, everything changed – to the point that the deal was going to fall through. But they made everything work.” He added, “Being new to the process, it was stressful, but it wasn’t hard. Coastal kept me on point and did all of the hard work. They saved the loan. I was very impressed and could not have done it without them.”

Now officially in the role of innkeeper, Paul is excited at what lays ahead. He looks forward to his first summer running the in, and to broadening his network and connections through his involvement with the Cape Cod Chamber of Commerce. He also hopes to work again with Coastal on acquiring another inn down the road.

But for now, he’s staying focused on maintaining the Revere Guest House’s longstanding reputation of fine hospitality and customer service – which is likely the reason that the inn’s average guest has been coming back for 10+ years.

“An inn is a product,” Paul said. “It needs to stay consistent for the people who have come year after year, but it also needs to improve and evolve. That’s what we will do.

Financial support for this loan was provided by MassDevelopment: Growth Capital Division.

In 2010, Jim and Vicki decided it was time for the business to grow. An adjacent unit to their current facility had become available that would more than double their size and add two commercial bays. The expansion would also provide room for three new assembly stations, a professional showroom and additional office space, enabling the Shaws to increase efficiency, hire more staff, and stay competitive in the market.

“We needed capital to take us to the next level,” Jim said. “Coastal Community Capital provided us the resources to be able to do that.”Jim and Vicki said Coastal Community Capital walked them through the loan process from beginning to end. “They were informative and more than willing to work with us,” said Vicki. Jim added, “We liked that Coastal Community Capital was local. They weren’t so big that we were just another loan, or that we didn’t matter.”

Today, Shaw Woodworking is thriving in its modern 7,500 square foot manufacturing and office facility. Since their expansion, they have exceeded sales and revenue every year. They also employ more people, and can provide a better customer experience thanks to the new showroom.

“Coastal Community Capital is wonderful to work with,” Vicki said. “They gave us the tools we needed to make it work, and they educate you on what you need and why you need it. We would definitely recommend Coastal to any business owner looking to expand!”

Financial support for this loan was provided by MassDevelopment: Growth Capital Division.

The perfect opportunity came when Sandwich Antiques Center came on the market. One of the finest multi-dealer shops in New England, and voted the “Best Antiques Store” on Cape Cod for 11 years by Cape Cod Life readers, the shop is housed in an antique building on historic Route 6A. Intrigued by Sandwich Antique Center’s stellar reputation for quality art and antiques, Dobson also recognized Cape Cod’s appeal to visitors as an antiquing destination.

With the help of former Sandwich Antiques Center owner Peter Smith, Dobson approached Coastal Community Capital, who guided him through the process of buying and opening his own antique store, from start to finish.

“In terms of opening doors, without Jeannine Marshall and the folks at Coastal, the transaction could not have occurred, period,” he said.

Sandwich Antiques Center officially opened under Dobson’s ownership in November 2015. The store will continue to feature the antiques of 100+ vendors, along with the pieces from Dobson’s own extensive collection. He plans to keep the shop’s experienced, longtime staff, who he considers an asset to the operation.

Moving forward, Dobson is optimistic about the future of Sandwich Antiques Center, and is excited to see his longtime passion finding a permanent home. Coastal Community Capital and Cape Cod Chamber of Commerce – of which he is a member – will continue to serve as a resource for the new business owner.

Dobson said he would highly recommend Coastal Community Capital to anyone looking to start or grow their small business. “Not only did Coastal make this easier,” Dobson said, ‘they made it possible.”

Financial support for this loan was provided by MassDevelopment: Growth Capital Division.

Both his attorney and banker pointed him in the direction of Coastal Community Capital, where he found the resources he needed to move forward on the purchase.

“Jeannine Marshall was so helpful throughout the process,” he says. “Coastal Community Capital is a great avenue for small business owners to access financing and lock in 20-year rates with little money down, something you don’t always get with conventional financing.”

Stefan bought the car wash in October 2014 and re-opened it as The Walpole Wash House.

“I love it!” he said of his experience so far. “I have a great general manager and a great staff, and we’ve been getting some very positive feedback from the community. We’re committed to our customer service.”

Financial support for this loan was provided by MassDevelopment: Growth Capital Division.

That opportunity came in 2014 with the option to purchase the fishing vessel ‘Sea Horse.’ Andrew first tried to secure a bank loan, but encountered challenges often faced by start-up businesses, including high interest rates and large down payments. He also lacked guidanceand support. After doing some online research, he found Coastal Community Capital and reached out for help.

“Coastal Community Capital opened doors for me,” Andrew says. “Marcia Gaudet (from Coastal) coached me through the whole process, right up to the closing. Living on an island can sometimes make communication difficult, but Marcia was always accessible by phone and email, and was kind and courteous.”

In the end, Coastal Community Capital helped him to access the small business loan he needed to buy and retrofit the ‘Sea Horse’, and secure the commercial fishing permits he needed to get his business off the ground. Vineyard Haven on Martha’s Vineyard will be Andrew’s homeport. He will harvest primarily in Nantucket Sound, and his catch – which will include conch, bluefish and mackerel – will be sold to national seafood distributors on the East Coast.

Andrew said starting a family of his own was a motivating factor in his new business venture. “I felt like the time was now to get my own boat and permits and give this a go,” he says.

Financial support for this loan was provided by MassDevelopment: Growth Capital Division.

But without a permanent location on Cape Cod to offer this specialized training, the two saw a strong need to open a Krav Maga studio here. They partnered with Charles Kipnes and Krav Maga Boston owner Dennis Amato to make that happen.

They found the site they wanted at 11 Enterprise Road in Hyannis, and reached out to Coastal Community Capital and Cape Cod Five Cents Savings Bank to help guide them through the challenging loan process.
“The process was difficult,” Kipnes says. “There were a lot of moving parts. Marcia Gaudet and Coastal Community Capital were instrumental in their ability to sort through the various financials and get to the heart of the transaction.”

The new Hyannis studio is first of its kind on Cape Cod, Kipnes says, adding “This would nothave happened without the efforts and understanding of Coastal Community Capital. We all highly recommend Coastal Community Capital as a resource for small business.”

Financial support for this loan was provided by MassDevelopment: Growth Capital Division.

This way of thinking has served him well. With the help of Coastal Community Capital and Edgartown National Bank, Landmark Dental opened its new office in Norwood in 2006. Offering advanced restorative and cosmetic dentistry skills, the practice has grown by over 500% in the last 10 years and expanded to include such services as implants, teeth whitening and advanced cosmetic procedures.

“The help I received from Coastal Community Capital was invaluable,” Dr. Livshin says, looking back in 2015.

Dr. Livshin said when he first reached out to Coastal Community Capital, he was certain about his goal of branching out on his own, but he needed assistance navigating the often challenging course of securing a business loan.

“Coastal Community Capital sat down with me to create a comprehensive business plan,” he said. “Without that, I couldn’t have secured the SBA loan I needed to open my practice. The level of personalized service and guidance I received was exactly what I needed.”

Landmark Dental is located at 77 Access Rd Suite 1 in Norwood, and also serves the surrounding communities of Canton, Sharon, Stoughton, Foxboro, Westwood, Dedham, Milton, Needham, Newton, Wellesley, and Boston. To find out more, visit www.landmarkdental.net.

Financial support for this loan was provided by MassDevelopment: Growth Capital Division.

Musselbound Adhesive Tile Mat was engineered specifically for tiling applications, to provide an innovative way to install tile faster and easier than traditional methods, including mortar or mastic. The unique tile adhesive simplifies homeowner DIY kitchen backsplash and bathroom tile remodel projects and eliminates the 24-hour dry time and mess of mortar or thinset, allowing kitchen tile backsplash project to be completed in just one day

Terry said the first time he saw his product display in the tile & grout section of a local Lowe’s store, he got goose bumps. “This was literally my dream come true,” he said.

Musselbound has received positive press attention since its debut, and was recently featured in a weekend remodeling feature story in This Old House Magazine. Next up for Terry will be expanding the product to other countries, as well as developing other creative product solutions for home improvement projects.

He credits Coastal not only with helping to get his product off the ground, but with enabling him to take it to the next level.

“When I connected with Coastal Community Capital, things started to happen,” he said. “The experience was a game-changer for me.”

Financial support for this loan was provided by MassDevelopment: Growth Capital Division.

Reaching out for assistance from Coastal Community Capital, the Carrolls were able to obtain the financing needed through the SBA 504 program. Per Joe Carroll, “The vision we had has come to life over the past year with the expansion of our Physical Therapy business and opening the Mashpee Fitness Center. We have been able to share our passion for health and fitness with many more people in the greater Mashpee area to help them achieve recovery from injury and lead a healthy lifestyle.” Cape Cod Rehab acts not only as a great source for physical therapy treatments, but also as a fitness center at large.

With the extreme seasonality of Cape Cod, Cape Cod Rehab is a model business which helps generate jobs in the local area year-round.

Financial support for this loan was provided by MassDevelopment: Growth Capital Division.