$ mil
GRANTED LOANS
0 +
JOBS CREATED

Our Mission

  • Act as a facilitator and funding conduit of community economic development programs.
  • Stimulate job creation so that the economic well-being of the citizens of South Coast Massachusetts is improved.
  • Encourage a larger flow of private investment funds to help satisfy the need for industrial expansion.
  • Promote the recycling of land and facilities for economic development purposes.
Our mission has remained unchanged for more than a quarter century. We are deeply committed to business development and working closely with South Coast companies to assist their expansions.
KEN FIOLA, EXECUTIVE VICE PRESIDENT

“During my time in Fall River, I have seen many businesses in diverse industries benefit from BCEDC’s finance programs. The last few years have been tough on a lot of us and BCEDC has been there to step in and help business owners when conventional financial institutions were turning their backs. BCEDC is a huge asset to the business community.”

George Matouk, Matouk Textiles Work, Inc.

Our top loan programs

BCEDC offers four flexible loan programs to facilitate business growth.
View All Loan Programs

BRLF LOAN

BUSINESS REVOLVING LOAN FUND

Provides gap financing opportunities to startup ventures and existing business.

  • Business must be in Bristol County
  • As low as 5% - 6% interest rate
  • Funds can be used for acquisition of land, buildings, equipment, machinery, fixed assets, and working capital needs.

SBA LOAN

SMALL BUSINESS ADMINISTRATION MICRO LOAN

Assists start-up businesses with relocation or expansion.

  • Must be located in Fall River
  • As low as 6% interest rate
  • Must demonstrate lack of adequate capital or loan funds to fully finance the business' needs.

SBSLG LOAN

SMALL BUSINESS STABILIZATION LOAN / GRANT FUND

Assists small businesses impacted by COVID19.

  • Must be located in Fall River
  • 1% interest for 1-3 years, 3% for 3-6
  • Funds can be used for acquisition of land, buildings, equipment, machinery, fixed assets, and working capital needs.
$ 0 mil+
IN PRIVATE INVESTMENT
OVER 0
BUSINESSES HELPED
0 YEARS
OF EXPERIENCE

Need help with your business? We offer:

Development Consulting

Site Selection

Permitting (Local/State/Federal)

State & Federal Incentive Packaging

Housing Development

Grant Writing

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