Small Business Loans Program

The City of Somerville, in partnership with ACCION USA, offers business owners access to capital through the Small Business Loans Program. With loans available up to $50,000 for established businesses and $30,000 for start-ups, the City wishes to assist businesses to ensure that Somerville's business community remains healthy and vibrant. Read through the loan requirements on ACCION USA's Small Business Loan sheet to determine if you may be eligible.

If you are unsure of how to build and strengthen your personal credit history, wish that you could feel more in control of your money, or want to grow your small business but need some advice on how to do so, register for one of ACCION USA's free workshops and webinars.

To determine the eligibility of your business for a loan, or for more information about the workshops, please contact:

Mayor's Office of Strategic Planning and Community Development

617-625-6600 ext. 2500