Does your small business need a quick cash injection?
Our FASTrack loan program can provide loan funds of up to $5,000 to small businesses in need of an immediate, small-dollar cash injection to help support their business.
What are the benefits of a FASTrack loan?
- Micro-Loans up to $5,000
- Streamlined application process
- Quick decision within 2 business days
- Quick closing guaranteed within 2 weeks*
- All fees and closing costs waived
- No early prepayment penalty
- Market rate fixed interest rate
- Technical business assistance also provided
The FASTrack Loan program is available to existing small businesses (with a minimum of 12 months of operation) in Worcester and Middlesex Counties.
Interested in a FASTrack loan? Apply below or reach out to our team to discuss your needs.
Supporting small businesses with the business technical assistance and small capital they need to grow and thrive is our passion.
The North Central Massachusetts Development Corporation (NCMDC) is certified by the U.S. Small Business Administration (SBA), and the U.S. Department of the Treasury under the Community Development Financial Institutions (CDFI) Program. The NCMDC works in partnership with local banks, credit unions, chambers of commerce and area nonprofits to support emerging microenterprises, small businesses, and community projects with loans and business assistance. As a microloan lender, NCMDC can provide loans to small businesses up to $250,000 for working capital, real estate, equipment, inventory, expansion and working with our banking partners to provide gap financing for the final piece of a project.
*If complete application received and meets loan criteria
In keeping with its economic development mission and with federal and state laws, NCMDC is committed to the principles of fair or equal opportunity lending. A consistent and high level of assistance and service will be provided to all small businesses and business owners regardless of race, national origin, religion, sex, age, marital status, disability, receipt of public assistance, or other factors. Underwriting standards will be applied fairly and consistently permitting access to credit for a broad range of customers. Applicants with equivalent credit qualifications will receive the same consideration