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Impact Lending


Impact Lending provides financing from $1,000 to $1 million to small businesses across Boston in need of capital. Supported by Northeastern University, Impact Lending is a collaborative of mission-based lenders, led by LISC Small Business, that wants to support and expand the local businesses that create jobs, drive economic growth, and add character to Boston’s neighborhoods.

Our mission is to support small businesses across the city that might not qualify for traditional bank financing, especially those that are minority- and women-owned. We offer loan options with flexible rates, terms, and credit criteria and free technical assistance. We can help your business fulfill a vendor contract with Northeastern, connect you to vending opportunities at the University, or simply grow your business. Together, we’ll work to build a more inclusive economy that increases access and opportunity for Boston entrepreneurs.

“The ten largest Boston-based universities spend $900 million a year on vendor contracts. Think about how it would impact our communities if more of those contracts went to local businesses.”
— Karleen Porcena, LISC Boston
Impact Lending Loans
  • Contract financing from $50,000 to $500,000
  • Microloans from $1,000 to $50,000
  • Long-term loans from $50,000 to $1 million
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Boston Mayor, Northeastern President, and LISC Launch Impact Lending

On October 25, 2016, Boston Mayor Marty Walsh joined Northeastern University President Joseph Aoun and LISC Small Business President and CEO Kevin Boes at the Bolling Building in Roxbury to announce the launch of  Impact Lending, the region's first university-supported loan program for women- and minority-owned businesses.

Contact

Eric Uva
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