Equity Trust

What is the Quaboag Valley Community Development Corporation Quaboag Valley Business Assistance Corporation? Mission Statement of the CDC To improve the quality of life in the Quaboag Valley by addressing the economic environmental, and social needs of its residents while maintaining the integrity and character of each community in the region. The CDC is a private non-profit corporation. As a project-focused organization, it has a unique ability to obtain funding from a wide variety of public and private sources. The CDC, acting with advice from its members and a member-based Board of Directors, works in partnership with Quaboag Valley Business Assistance Corporation, and Quaboag Valley Chamber of Commerce and other regional organizations to provide a wide range of programs and services to enhance the economic climate of our region. Quaboag Valley Business Assistance Corporation's revolving loan fund has been capitalized by grants from the Massachusetts Department of Housing and Community Development through the Town of Palmer, by grant form the U.S. Department of Agriculture, and by a line of credit from the following area banks, Bank of America, Country Bank for Savings, Monson Savings Bank, North Brookfield Savings Bank, Spencer Savings Bank, FamilyFirst Bank.

Common Capital is a community loan fund and non-profit organization committed to a thriving local economy in order to create positive social and community impacts. We align capital and resources to community needs & opportunities through financing and assistance to small businesses and high-impact community projects. Every dollar that Common Capital deploys is an investment in job creation, providing opportunity for low-income people, essential community services, neighborhood rejuvenation and environmental sustainability. We focus on businesses that are locally owned and that recirculate local dollars.Common Capital is a Community Development Financial Institution certified by the U.S. Department of the Treasury. To become certified CDFI, an organization must have a primary mission of promoting community development; provide financial products and services; serve one or more defined low-income target markets and maintain accountability to the community it serves.

The Hebrew Free Loan Association in Springfield, MA provides interest-free loans to individuals in need within the local community. With a focus on financial assistance, the organization offers support to those facing temporary financial hardships. Generated from their business information