Microloan Program

Community Teamwork, Inc.’s Merrimack Valley Small Business Center is an authorized SBA Microloan Intermediary. Through the SBA’s Microloan Program, the MVSBC is able to provide small businesses throughout Middlesex and Essex counties with short-term loans, up to $50,000, for working capital or purchase of inventory, supplies, furniture, fixtures, machinery and/or equipment. With a low interest rate and continuous monitoring with technical assistance, the MVSBC fosters positive repayment results, increased credit scores, and business stabilization and growth.

  • Business Loans Up To $50,000 (including fees)
  • Interest Rates As Low As 5.25%
  • Loan Terms Up To 60 Months
  • Finance Management Support
  • Free Business Counseling, MVSBC Membership, and Classes

Loan Program Frequently Asked Questions

Loan Program Fact Sheet

For more information, please complete the form below or call 978-322-8400. To help us determine your eligibility for the MVSBC Microloan Program, download and submit a completed Loan Inquiry Form.

The success of the MVSBC Microloan Program is built upon a foundation of hands-on lending. Your counselor and the resources provided by the MVSBC are invaluable tools to assist you in your business development, stabilization, growth, and success.

A minimum of 5 hours of one-on-one business counseling and/or classes with the MVSBC are required prior to application review and, if approved, additional assistance throughout the life of the loan.

The MVSBC Microloan Program lends to small businesses within Middlesex and Essex counties.