Winter Relief: City Now Offering Micro-Loans to Small Businesses

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It's been a tough winter on all of us, but it's been especially hard on small businesses and on the local economy. Thankfully, the Massachusetts Growth Capital Corporation (MGCC) has approved a snow storm loan to assist small businesses in their recovery from lost revenue as a result of the storms we've had. MGCC plans on making up to $1 million in micro-loans of $5000-$10,000 to businesses in need. This program is anticipated to run through May of this year. To read more and to learn how to apply for a loan, click here.

 

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