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North Central Massachusetts Development Corporation

Listed
Direct business lender for term loans and working capital loansFitchburg, MassachusettsBased in Massachusetts; service area not yet provided
BBLL 000460Listed Nov 2026From public recordsLast checked Nov 1, 2026

About

North Central Massachusetts Development Corporation provides small-business loans and technical assistance in Worcester and Middlesex counties.

Direct business lender. Directly funds business financing; products and terms depend on the lender.

This entry starts from public records. The lender fills in the rest when it claims the entry, which is free.

What they lend

General small business
From the lender's own site and public records.

A second look at North Central Massachusetts Development Corporation

North Central Massachusetts Development Corporation provides small-business loans and technical assistance in Worcester and Middlesex counties.

NCMDC is the Chamber-affiliated nonprofit CDFI lender that can lend directly or fill a bank financing gap.

Published by Levr, not by North Central Massachusetts Development Corporation. This is a source-based profile and editorial assessment, not customer reviews or a promise of approval. Sources checked November 1, 2026.

Visit the official provider website →

Programs and published requirements

Compare the specific program and legal funding entity on your offer. Advertised limits and minimums do not guarantee eligibility or your price.

Small-business and FASTrack loans

Core lending
The programme lists loans up to $250,000 for working capital, property, equipment, inventory and expansion.
Gap structure
NCMDC can partner with banks and accept a subordinate collateral position.
FASTrack
The small-dollar programme lists up to $5,000 for existing businesses with at least 12 months in operation, fixed interest and no early prepayment penalty.

Provider sources: Small-business and FASTrack loans official source · Small-business and FASTrack loans official source

When it may fit

Our assessment of the published programs

  • Small businesses in Worcester and Middlesex counties that lack a suitable conventional loan.

What to weigh carefully

  • Deferred payments and expedited funding are subject to programme conditions and review.

Questions before you accept an offer

  1. Which programme fits the proposed use and business location?
  2. What collateral, guarantees, repayment schedule and total cost would apply?

Ask for written terms. Compare net cash received, total repayment, fees, payment timing and early-payoff costs for the same financing need.

Prepare your comparison

Use the same questions and figures for each offer you receive.

Alternatives to research

These are options for a related financing need, not a ranking or a claim of equivalent eligibility or pricing.

BDC Capital

BDC Capital offers Massachusetts business financing; compare project size and secured loan structures.

Quaboag Valley Business Assistance Corporation

Quaboag Valley Business Assistance Corporation serves a specific group of central Massachusetts towns; compare only where the business address qualifies.

The lender

Type
Direct business lender
Legal name
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Founded
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Charter
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Headquarters
Fitchburg, Massachusetts
Service area
Based in Massachusetts; service area not yet provided
Meets in person
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Languages
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Program approvals
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Also lends to consumers
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LinkedIn
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Loan officers at this lender

No loan officers listed yet. Work here? Claim your profile.

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