From bakeries and barber shops to restaurants and repair shops, small businesses are the cornerstone of the South Coast economy. In fact, small businesses make up 85% of all businesses in the Commonwealth of Massachusetts, driving innovation and community involvement, while keeping our economy stable and putting people to work.
BayCoast Bank wants to help our vital small business community get the capital they need to grow and thrive, through the new Invest MA Lending Program.
The goal of Invest MA is to support job growth and retention by providing critical financing to eligible small businesses in Massachusetts. With competitive rates from BayCoast Bank, entrepreneurs, women, minority and veteran-owned businesses are encouraged to apply1 for this important financing option.
How the Invest MA Lending Program Works:
- Minimum Loan Amount is $10,000
- Maximum Loan Amount is $1,000,000
- Up to 10-year Loan Terms Available
- Loan Payments will be Auto-Debited from a BayCoast Bank Business Checking Account
The Invest MA lending program is available to small businesses in Massachusetts today! If you’re ready to learn more, please submit your contact information and we’ll be happy to get in touch and answer your questions.
All loans are subject to credit approval and program eligibility requirements.
Contact Us Today
Let’s have a conversation to see lending options for your specific small business needs.
Stephanie Melo Terra
Vice President, Small Business Lending Manager
sterra@baycoastbank.com
508-675-4386
