Bay Colony Development Corp.
SBA 504 loans and microloans for businesses in Massachusetts, New Hampshire, Rhode Island, Vermont and parts of Connecti
About
Bay Colony Development Corp., formed in 1981, says it uses the SBA 504 program to provide "financing for the purchase or refinance of major fixed assets, such as land, buildings, machinery and equipment." It says it "can lend up to $5 million ($5.5 million in certain cases)" and that "Green Energy Projects and Manufacturing companies can qualify for $5,500,000 per project." It also offers microloans of up to $50,000. Who it is for: Businesses "in all of Massachusetts, New Hampshire, Rhode Island, and Vermont, and in several counties in Connecticut."
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