Growth Capital
Growth Capital is an innovative financing product that gives business owners the time they need to invest in and stabilize their companies. Unlike loan products, growth capital does not have fixed repayment terms; instead it's designed as a long-term investment where businesses repay only when they are successful in growing their revenue.
LISC makes growth capital investments in your company ranging from $50,000 to a maximum of $250,000 with flexible repayment terms.
Massachusetts Small Business Growth Fund
Entrepreneurs of color in Massachusetts have an unmet capital demand estimated at $574 million annually. LISC's entrepreneur-friendly Massachusetts Small Business Growth Fund is critically needed to fill gaps in capital access. Businesses based in the South Coast of Massachsetts are encouraged to apply.
The Massachusetts Small Business Growth Fund aims to:
- Build wealth for businesses owned by entrepreneurs of color
- Create and retain sustainable jobs
- Build a track record of success for small businesses owners to attract future investment dollars
- Offer flexible re-payment terms based on revenue and mutually agreed-upon targets
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