Berkshire Bank Expands Efforts to Support Small Businesses 

Berkshire Bank, a relationship-driven, community-focused bank in New England and New York, has joined an effort by the Massachusetts State Treasurer’s Office to help support small businesses through Investing For the Long-Term Initiative (Invest MA), the state’s new program to provide small businesses enhanced access to capital.

Invest MA aims to promote small business growth by providing creditworthy enterprises in Massachusetts with greater access to bank loans. The program shifts $500 million in state cash deposits under the control of the Treasurer to Massachusetts banks like Berkshire that are committed to expanding their small business lending in the Commonwealth.

“Small businesses are the lifeblood of the economy, accounting for more than 85% of all businesses in Massachusetts,” said Denise Thompson, senior vice president and director of Small Business Credit & Operations at Berkshire Bank. “We’re committed to helping those businesses create the jobs and new opportunities that contribute to the vibrancy and success of their communities.”

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