North Central Massachusetts Development Corporation approves financing to RA Aldrich Trucking
Funding to support new tractor purchase
The North Central Massachusetts Development Corporation (NCMDC), the economic development arm of the North Central Massachusetts Chamber of Commerce recently approved a $44,000 loan to RA Aldrich Trucking in Fitchburg to assist with the purchase of a 2020 Peterbilt tractor Model 389 to replace the current truck that NCMDC financed a couple of years ago.
“When I started my business three years ago, I applied for a loan to facilitate the purchase of my first truck to make petroleum deliveries,” said Rafael Aldrich, owner, RA Aldrich Trucking. “Thanks to the financial assistance and support from the North Central Massachusetts Development Corporation, I’ve been able to update my equipment and continue growing my business.”
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.
For more information about the NCMDC loan programs, please call 978.353.7607 or visit NorthCentralMass.com or ChooseNorthCentral.com.