We have been in contact with our partners at the federal and state levels and would like to pass along new financial assistance related information. Please check out below.
Bristol County Massachusetts has been declared a disaster area and the SBA has released relaxed eligibility criteria for Disaster Assistance Loans.
Click here for information.
The SBA will provide this funding directly, not through us or any other lenders. Please find the direct link to the SBA to apply for this assistance here.
We have also been working with our partners, the Mass. Growth Capital Corp.,to ensure New Bedford businesses have access the $10 Million made available from the state for disaster assistance. Mass. Growth Capital Corp. is directly administering a small business recovery loan fund. Eligibility and application information can be found here.
If you are ineligible for an SBA Disaster Assistance Loan or MGCC lending, or believe financial assistance from NBEDC Lending Program may better fit your specific needs, please do not hesitate to contact us here.
We are open for business and actively lending.
We are also accommodating payment modification requests from existing NBEDC clients. Please download, complete, and email.
Your welfare is very important to us, so we wanted to make sure you had this information.
Best,
Derek
