News

18 Local Lenders Recapitalize Merrimack Valley Small Business Emergency Loan Fund with $2 Million

Dec 19 2018

Press Release: BOSTON – December 19, 2018 – Massachusetts Growth Capital Corporation (MGCC) announces the full funding of a $2 million recapitalization of the Merrimack Valley Small Business Emergency
Mass Growth Capital Corp. Welcomes New Senior Loan Officer

Dec 05 2018

Press Release: BOSTON – December 5, 2018 – The Commonwealth’s small business financial services provider Massachusetts Growth Capital Corporation (MGCC) announces the hiring of John P. Santos III as
Governor Baker and Merrimack Valley Local Officials Announce $2 Million Recapitalization of Small Business Emergency Loan Fund

Oct 24 2018

Combined with SBA-issued disaster declaration, significant increase in funding and support available to impacted businesses.
Baker-Polito Administration Awards $2 Million in Small Business Grants to 40 Organizations

Oct 12 2018

Awards will enable regional non-profits to assist local small businesses and entrepreneurs in underserved communities.
Recent Deals in Partnership with Banks

Oct 01 2018

We serve as a financing partner with banks in circumstances of collateral gaps, turnaround situations, acquisitions and growth opportunities. Check out some of the recent deals!
Governor Baker and Merrimack Valley Local Officials Announce $1 Million Emergency Loan Fund for Impacted Merrimack Valley Businesses

Sep 28 2018

Mass.gov

Today a $1,000,000 emergency loan fund for businesses directly impacted by the recent gas explosions in Lawrence, Andover and North Andover was announced.
Boost in Access to Resources for Small Businesses in Underserved Communities

Sep 24 2018

In-depth analysis of state-funded grant program outlines successes and local impact
Banker & Tradesman: Fed Report Offers ‘Another Lens’ into Local Financial Conditions

Jul 22 2018

Banker & Tradesman

Boston Fed Report Shows Credit Conditions and Debt Levels Across State
MGCC President Named Financial Services Champion of the Year

May 01 2018

SBA.gov

The Small Business Administration (SBA) has named Lawrence Andrews, President and CEO of Massachusetts Growth Capital Corporation (MGCC), the 2018 Financial Services Champion of the Year for
The Lowell Sun: 'Inexhaustible appetite' for job creation in cities

Apr 25 2018

The Lowell Sun

Massachusetts Growth Capital Corporation helps companies access the capital they need to grow and create jobs.