Business Line of Credit in Beverly, MA
Fuel your new business with on-demand access to capital,
up to $250,000 in extra boost
Your Credit Line, Is Your Lifeline
Capital access is a must, regardless of whether you're launching a start-up or running a growing business. The need for payroll, inventory, and equipment never fades. With a business line of credit in Beverly, MA, and a trusted team, you could reach new heights.
Flexible Access to Funds
Access financing when you need it and pay only on what you use—ideal for fast cash flow.
Revolving Credit for Growth
Borrow, repay, and reuse. A business line of credit that grows with your venture's needs.
Custom Limits for Your Needs
Credit lines tailored to your business, with limits starting at $10,000 and room to grow.
Beverly Business Credit & Loan Options
Every day, StartCap helps businesses like yours reach new heights. With funding and resources made for you, we're ready to assist. From credit lines to real estate, we're your go-to team.
From idea to orbit, we've got you covered.
No matter where you're at in your journey, we have options to help you get to the next level.
Idea-Stage
Got a brilliant idea and ready to launch? We’ll help you get registered with your state and secure the funding you need to take off.
Early-Stage
Lifting off can be tough, but it doesn’t have to be. We’re here to give your new venture the boost it needs to soar.
Well-Established
Keep operations running seamlessly with the right funding for vendors, inventory, payroll—whatever your venture needs to stay on course.
+ 3-Months of Free Digital Marketing
For a limited time, our expert in-house marketing team is offering 3 months of premium marketing services—valued at $20,000—to help drive leads and sales for your start-up, whether you're in Beverly or nationwide.
Here's a truck load of stuff to get kicked off
Find a Business Line of Credit
Near Beverly, MA
Businesses in Beverly, throughout Essex County, and across the nation rely on StartCap! Accessing credit and funding locally doesn't have to be difficult with us on your side. Check out the nearby cities we serve and let's grow together. From Danvers to Reading and beyond, we're your BLOC specialists.
BLOC FAQ's
Yes, business lines of credit are available for start-ups in Beverly, MA. The North Shore region supports emerging businesses through various financial resources, with local banks and alternative lenders offering specialized funding options for new enterprises near Salem Harbor and Essex County.
Here are a few local suggestions:- Enterprise Bank at Cabot Street & Essex Street
- Salem Five Bank at Washington Street & Rantoul Street
- Beverly National Bank at Cabot Street & Dane Street
- North Shore Bank at Rantoul Street & Federal Street
Traditional lenders often impose strict requirements for new business owners, making approval challenging. StartCap offers more flexible solutions without extensive documentation, understanding the unique financial needs of founders in the greater Boston metropolitan area. Our approach focuses on potential and growth rather than exhaustive paperwork.
Note: StartCap is not associated with the above lenders in any way. Contact your local branch for the most accurate information & requirements.Interest rates for business lines of credit in Beverly, generally range from around 6% to 18%, depending on factors such as the lender's policies, the borrower’s credit score, and the current prime rate. Typically, the rates are tied to the prime rate, with some lenders adding a margin based on the borrower’s creditworthiness and other criteria. These rates may fluctuate over time, so it’s important for businesses to check with local lenders for the most accurate and up-to-date terms.
No, not always—it depends on the type of loan you're applying for. Some funding options require business registration, while others focus on personal credit, income, or assets instead. If your business isn’t registered yet, don’t worry! We can either guide you through the registration process or explore funding alternatives that don’t require it.
Yes, Beverly, MA offers several local government and regional financial resources for business lines of credit. Essex County supports emerging businesses through targeted programs at the Beverly Economic Development Office, which connects founders with specialized lending opportunities near Salem Harbor and downtown districts.
Local options include Massachusetts Growth Capital Corporation's small business loans, Essex County Community Foundation micro-credit programs, and North Shore Bank's specialized business credit lines. New business owners can also explore Massachusetts Small Business Development Center grants that provide direct financial support for regional enterprises near Cape Ann.
