We’ve expanded our lending program to meet your small business needs. Our products and easy application process are designed with you in mind.

We’ll take care of the capital while you take care of business!

Dorchester Bay Neighborhood Loans offers the following loan options:

  • Up to $20,000 loan
  • Approval within 2 business days
  • 6% interest rate
  • Credit score must be 680 or higher
  • No application fee
  • Available to businesses in all Boston neighborhoods

This Micro-Loan Express Program is available through SEED (South Eastern Economic Development)

  • Up to $250,000 (with co-lenders)
  • 7% interest rate for up to 5 years
  • No prepayment penalties
  • 3% origination fee (plus any applicable state/city filing fees)
  • Must be a resident or business in Dorchester, Roxbury, Mattapan, Hyde Park, Roslindale, or Jamaica Plain

For businesses in all other Boston neighborhoods: Apply with SEED   There is a $60 application fee for loans exceeding $20,000

  • Loans for signage and storefront improvements
  • 7% interest rate for up to 5 years
  • No prepayment penalties
  • 3% origination fee (plus any applicable state/city filing fees)
  • Loans can be repaid through the reimbursable grants through the City of Boston’s ReStore program
  • Residents and businesses of Dorchester, Roxbury, Mattapan, Hyde Park, Jamaica Plain, and Roslindale

This Micro-Loan Express Program is available through SEED (South Eastern Economic Development)

For businesses in all other Boston neighborhoods: Apply with SEED