Financing Business Expansion Financing Business Expansion Through The South Shore Through The South Shore Economic Development Economic Development CorporationCorporation

Cohasset Village Greenery Kennedy Carpet Cleaners

South Shore Economic South Shore Economic Development CorporationDevelopment Corporation

Michael Duff

Executive Director

617-479-7066

The Village Greenery, Cohasset, MA

$168,000 SBA project

Leonard, Mulherin & Green, Braintree, MA

$400,000 SBA Project

With 504 loan everybody wins...With 504 loan everybody wins...

SSEDC works with local private sector lenders

SSEDC covers the areas of Norfolk and Plymouth Counties

We help eligible businesses to purchase long-term, fixed assets

Kennedy Carpet Cleaners, Weymouth, MA

$420,000 SBA Project

The Community...The Community...

The 504 program’s goal is to stimulate the local economy

We do this by creating jobs, encouraging commerce and broadening the community’s tax base

List location or contact for specification (or other related documents) here

FOR MORE INFO...

Leonard, Mulherin & GreenLocated at:

635 Grove Street,

Braintree

The Lender...The Lender...

By using the 504 program, lenders reduce their risk by financing a smaller portion of the project.

Maintain a first lien position Participating in the program enables lenders

to make up to a $2.5 million dollar loan This program gives the lender an

opportunity to comply with the Community Reinvestment Act.

The Borrower...The Borrower...

Gives small businesses access to the same low-cost, fixed rate, long term financing that large business have through the bond market.

In most cases, only 10% is required as a down payment

List location or contact for competitive analysis (or other related documents) here

FOR MORE INFO...

Located at:

221 Libbey

Parkway,

Weymouth

SSEDCSSEDC

More than $60 million has been loaned to enable small businesses to grow and prosper

Over 3,000 jobs have been created in our region Up to 95% financing available Improved collateral coverage for the bank.

The Village Greenery

Located at:

805 Chief Justice Cushing Highway,

Cohasset

For More Information...For More Information...

Please contact Michael Duff, Executive Director at (617)479-7066

Fax an information request to (617) 786-1538

Email us at kgomer@dreamcom.net

500 Congress Street

Quincy, MA

Nankin Dental Associates