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Eligibility Criteria
Some of the criteria required of the Trust clients are as follows:
- Loans are available only to value-added businesses that are based in Massachusetts. Retailers, service firms, restaurants, and real estate businesses are not eligible.
- Loans are provided in situations where additional funding from traditional sources is no longer available.
- Loans are considered when and if they lead to the financial stability and improvement of the business.
- Loan amounts are limited to $10,000 per job.
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