South Eastern Economic Development
South Eastern Economic Development, based in Taunton, MA, provides various loan programs including SBA 504 Loans, Micro Loans, and Fast Track Loans, serving as a certified lender in Massachusetts and Rhode Island.
Services
South Eastern Economic Development offers a range of financial services targeted at businesses of various sizes. They provide SBA 504 Loans designed for real estate or machinery and equipment purchases up to $5.5 million, featuring low, fixed interest rates. They also offer Micro Loans up to $50,000 and Small Loans up to $350,000 with interest rates fixed between 6-7% and flexible terms. Additionally, the company offers Fast Track Loans up to $25,000 for both start-up and existing businesses at a 7% fixed interest rate.
Loan Options
South Eastern Economic Development provides different loan options tailored to meet diverse business needs. Their flagship offers include SBA 504 Loans, designed for large capital expenditures like real estate or machinery and equipment, with loan amounts reaching up to $5.5 million at low, fixed interest rates. They also offer Micro Loans, extending up to $50,000, and Small Loans, extending up to $350,000, both with fixed interest rates of 6-7% and flexible repayment terms. Additionally, Fast Track Loans are available, which can provide up to $25,000 for both new and existing businesses, at a fixed 7% interest rate.
Location and Business Hours
South Eastern Economic Development is located at 80 Dean Street, Taunton, MA 02780. Their business hours are from Monday to Thursday, 8 am to 5 pm, and on Friday, 8 am to 4 pm. This location serves as the central hub for their lending and business assistance services.
Certified Lender in Massachusetts and Rhode Island
South Eastern Economic Development is a certified lender in both Massachusetts and Rhode Island. They offer a variety of loan products to businesses, focusing on providing equal opportunities and flexibility in terms. Their certification reinforces their reliability and commitment to serving businesses in these states.
Equal Opportunity Lender
As an equal opportunity lender, South Eastern Economic Development ensures that all business clients have fair and equal access to their financial services. They provide comprehensive business assistance, offering a range of loan products designed to meet various business needs, from start-ups to established enterprises.