At Mass Growth Capital Corp., we’re aware that for a small business owner, raising needed working capital can be an unfamiliar process, stressful and uncertain. That’s why we try to make the process transparent, clear and as stress free as possible. For small business owners, competing in the market place is itself a challenge – finding the resources to succeed shouldn’t be the bigger challenge.
That’s also one of the reasons we don’t have an application form. We prefer that a small business owner/manager should present information regarding their company in their own style. Loan Officers at MGCC often learn a great deal about a company by the way their information is organized and presented.
MGCC’s mission is anchored in the drive to create jobs for Massachusetts residents. That will not be achieved unless small businesses can grow and add jobs by having the working capital to grow. Our success, and economic benefits to the Commonwealth are therefore aligned with the success of small businesses. Recognition of that connection informs our approach to lending.
MGCC does not have lending “programs”. The Loan Officers at MGCC are tasked with considering the full range of loan types and formats to identify the best loan for each borrower. The borrower may begin with an idea of what’s needed and, through our process, learn of a loan type that is more flexible, less expensive and more suited to their needs.
Finally, MGCC does not forget that it is the steward of public funds. While taking understood risks and making untraditional loans, MGCC will provide small businesses with working capital while structuring loans to manage the risk of loss of public resources. We strive to make loans that simultaneously work to solve the financing problem at hand and yet wisely manage the public trust.
We look forward to working with you.
Charles T. Grigsby