Lending Capital Matching Grant Program
Lending Capital Matching Grant Program supports certified nonprofit community lenders with capital for loans to Massachusetts small and microbusinesses, helping them access credit, grow, and remain stable.
Funder: MassDevelopment
Due Dates: Not stated
Funding Amounts: Not stated
Summary: Expands certified nonprofit community lenders’ capital for loans to Massachusetts small and microbusinesses.
Key Information: Applicants must be certified nonprofit community lenders.
Description
MassDevelopment’s Lending Capital Matching Grant Program expands the lending capital available to certified nonprofit community lenders across Massachusetts. It supports access to business loan products for local small and microbusinesses, particularly those that may face barriers to traditional credit. The lending must promote growth and stability for businesses with fewer than 20 employees and no more than $2.5 million in revenue.
The program is offered alongside the Microlending Operations Support Grant Program as a single funding opportunity with a shared application and guidelines. Applicants may apply for either program or both through that application.
