Massachusetts Banking Partners

Description of Product

Lender Name: Cambridge Savings Bank
Contact Name: Anna M. Casey
Contact e-mail: acasey@cambridgesavings.com
Contact phone/fax: (617) 441-4121/ Fax (617) 441-4125
Secondary Contact Name: Margaret M. Keady
Secondary Contact e-mail: mkeady@cambridgesavings.com
Secondary Contact phone/fax: (617) 441-4313/Fax (617) 520-5305

Address: 1374 Massachusetts Avenue
City: Cambridge
State: MA
Zip: 02238

Geographic Service Area: Acton, Arlington, Bedford, Belmont, Brookline, Burlington, Cambridge, Concord, Lexington, Lincoln, Medford, Somerville, Waltham, Watertown, Winchester and Woburn.

Name of Small Business Product: Special Loan Program

Description of Product:

  • Loans from $1,000 to $25,000 to small business owners in geographic service area.
  • Established business for minimum of 12 months.
  • Rate is approximately 50 basis points below the Bank’s typical market rate.

Technical Assistance Partners:

  • Work with not-for-profit intermediaries to assist small business owners through the financing process from loan application through closing. Community partner intermediaries may include community development corporations, other non-profit training and counseling organizations, and government agencies or department that support neighborhood and economic development.
  • Use established and update list on www.mass.gov/bizteam.
  • Work with the City of Cambridge Economic Development Department.

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