The SBA 504 Program provides long term, low fixed interest rate, 90 percent financing to small businesses purchasing real estate or machinery and equipment. Projects can range from $300,000 to $13.75 million. Most small businesses are eligible… read more
Small Loan Program
Under the Small Loan Program, SEED provides loans up to $250,000 which can be used in conjunction with bank financing. The SEED portion of the project is generally 35 percent or less, although in cases where there is a larger financing gap, SEED’s… read more
Micro Loan Program
SEED is an Intermediary Lender under SBA’s Micro Loan Program. SEED has access to $5 million in loan funds to assist micro businesses. These loan funds are provided by the SBA, the CDFI Fund, the Commonwealth of Massachusetts and the… read more
As an extension to the Micro Loan Program, SEED provides small business assistance to start-up businesses and those in the first phase of development. With financing from the U.S. Small Business Administration (SBA), the Commonwealth of Massachusetts, Rhode Island Commerce Corporation, and the Rockland Trust Community Development, LLC, SEED conducts… read more
Workshops: Workshops will resume in February.