Access the Top SBA Lending for Massachusetts Small Business
Massachusetts State, known for its rich history and thriving economy, provides an ideal environment for small business growth. From the bustling streets of Boston to the picturesque towns of Cape Cod, entrepreneurs discover abundant opportunities to flourish. With access to leading SBA lending programs, Massachusetts small businesses can access vital financial assistance to propel their ventures to new heights.
Massachusetts
The Bay State
697,585 small businesses
1,500,000 small business employees
Source: US SBA Office of Advocacy - 2023 Report
Up to $500K Available
8.5% as of 2/2024 | 2 weeks to fund
If you are a small business owner considering an SBA loan, we suggest doing one of two things:

See if you qualify by taking 3 minutes to fill out the Application here.

This is the fastest way to get answers about an SBA loan. It will provide us with everything needed to get an approval.
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Business Dynamic of Massachusetts
Between March 2021 and March 2022, 37,739 Massachusetts establishments opened and 23,488 closed, for a net increase of 14,251. Employment expanded at 56,246 establishments and contracted at 39,715. Small businesses accounted for 36,985 openings and 22,784 closings.
Establishments in Massachusetts
Employment in Massachusetts
Between March 2021 and March 2022, 37,739 Massachusetts establishments opened and 23,488 closed, for a net increase of 14,251. Employment expanded at 56,246 establishments and contracted at 39,715. Small businesses accounted for 36,985 openings and 22,784 closings.
Source: Business Employment Dynamics (BLS)
Small Business Loans in Massachusetts
The Community Reinvestment Act requires large banks to report new small business loans. In 2021, reporting banks issued $2.1 billion in loans to Massachusetts businesses with revenues of $1 million or less. Total reported new lending to businesses through loans of $100,000 or less was $3.0 billion. Total reported new lending to businesses through loans of $1 million or less was $8.3 billion.
New lending to businesses with revenues under $1 million
Source: CRA Aggregate Data (FFIEC)
Industries and Employment of Massachusetts's Small Businesses
Source: Business Employment Dynamics (BLS)
Business Ownership Share by Demographic in Massachusetts
Business Count by Demographic in Massachusetts
Total Massachusetts Employement by Business Size
Small Business Employment and Payroll by Industry in Massachusetts
Source: Business Employment Dynamics (BLS)