SBA Microloan Lenders in Massachusetts (2026 List)
There are 8 SBA-approved microloan intermediaries lending in Massachusetts. The SBA does not lend directly — it funds these organizations, and each one makes its own loans and its own decisions.
SBA microloans run up to $50,000, with an average around $13,000 and terms up to seven years. They are designed for businesses banks turn down: new companies, thin credit files, and owners who need working capital, equipment or inventory rather than property. Because each intermediary sets its own criteria, it is worth approaching more than one of the Massachusetts lenders below.
Every lender on this list asks for the same core documents: a written business plan, financial projections, a clear statement of what the money is for, and your credit history. The plan is where most applications stall.
Massachusetts
The Economic Development and Industrial Corporation of Lynn
South Eastern Economic Development Corp/SEED
80 Dean Street Taunton, MA 02780508-822-1020North Central Massachusetts Development Corporation
860 South Street Fitchburg, MA 01420New Bedford Economic Development Council, Inc
1213 Purchase Street 3rd Floor New Bedford, MA 02740508-991-3122Jobs for Fall River Inc.
1 Government Center Fall River, MA 02722508-324-2620Dorchester Bay Neighborhood Loan Fund
594 Columbia Road Suite 302 Dorchester, MA 02125617-825-4200Community Teamwork, Inc.
Common Capital Inc.
The business plan every one of them will ask for
Whichever Massachusetts lender you approach, the application asks for a business plan with financial projections. We write SBA-ready plans built for microloan applications.
