Our 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.

EDA LOAN

ECONOMIC DEVELOPMENT AGENCY

Provides gap financing opportunities to startup ventures and existing small business. 

  • Must be located in Fall River
  • As low as 5% - 10% interest rate
  • Funds can be used for acquisition of land, buildings, equipment, machinery, fixed assets, and working capital needs.

Why choose BCEDC?

Obtaining a loan from a bank or private capital for small businesses can sometimes be impossible. We’ll handle the hard parts so you can focus on your business.

“We had initially approached our own bank for the loan and they said that despite having good credit, their policy is not to lend to used car dealers! BCEDC is much more open-minded and really invested in improving the economic viability of the Southcoast. It is really an invalauble resource for small businesses in the area. Everyone at the BCEDC office was helpful during the loan application and closing process and I highly recommend their services to other business owners in the region!”
SUE CARDELLO, SUE’S AUTO SALES & SERVICE

BY THE NUMBERS

The BCEDC have helped hundreds of businesses in Bristol County.
Loans Given 75+ Million
Businesses Helped 650+
Private Investments $137,547,633
Jobs Created 15,000+

Application Downloads

Download any of our loan applications below.
07-15-2020

BCEDC Business Revolving Loan Fund (BRLF) Application

07-15-2020

BCEDC Economic Development Agency (EDA) Application

07-15-2020

BCEDC Small Business Administration (SBA) Application

07-15-2020

BCEDC Small Business Stabilization Loan Grant (SBSLG) Fund Application

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