SBA Loans in Gloucester, MA
Unlock the power of the SBA to fuel your business growth, with flexible terms and low rates
Get Pre-Approved
Great Rates, Less Requirements & Smaller Down Payments
StartCap’s SBA loans in Gloucester, MA are designed with your small business in mind. From competitive rates to expert support, we provide everything you need to succeed. Partner with us for your financial growth.
Rates as Low as 6%
Yes, you read that correctly—access SBA loans with competitive rates that help your business thrive.
Terms up to 25 Years
Enjoy long repayment terms, giving you the flexibility to manage your cash flow over time.
Flexible Uses
Use your SBA loan for working capital, equipment, real estate, or other business expenses.
We're More Than Gloucester SBA Loans
Businesses in Essex County trust StartCap for financial solutions that help them grow. Our flexible financing options are designed to meet your unique needs, providing the tools and support necessary for long-term success.
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 business 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 Gloucester or nationwide.
Here's a truck load of stuff to get kicked off
Find SBA Loans Near Gloucester, MA
For entrepreneurs in Gloucester and beyond, financial solutions are tailored to meet your needs. We offer the support necessary to help you grow and succeed in today’s competitive market. From Beverly to Saugus and beyond, we're your credit line specialists.
SBA Loan FAQ's
Gloucester's maritime heritage and innovative business scene create a dynamic environment for local founders seeking financial support. Small business owners in Essex County, MA, often explore SBA loan options to fuel growth and expansion across diverse industries along the Massachusetts coastline.
Here are a few local suggestions:- Enterprise Bank at Washington Street & Middle Street
- Cape Ann Savings Bank at Main Street & Center Street
- Rockport National Bank at Pleasant Street & School Street
- Eastern Bank at Rogers Street & Harbor Loop
- Merrimack County Cooperative Bank at Bridge Street & Elm Street
SBA loans provide critical funding for equipment purchases, working capital, real estate acquisitions, and startup costs. Local new business owners in MA can explore 7(a) loans, 504 loans, and microloans tailored to specific business needs and growth strategies in the Greater Boston region.
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 SBA loans in Gloucester, can vary widely based on the lender, loan type, and your personal credit profile. Traditional banks typically offer rates between 6% to 12% for well-qualified borrowers, though approval can be strict. SBA loans in Gloucester, which are popular for new businesses, generally have rates ranging from 6% to 13%, depending on the loan program. Alternative and online lenders may have higher rates, often between 6% to 30%, as they take on more risk, offer more flexible requirements, and time to funding is much faster.
Yes, your business needs to be registered with the state to qualify for SBA funding. However, to receive funding from StartCap, your business doesn't need to be registered with the state. We can help you explore alternative funding options that rely more on personal credit, income, or assets if you're not registered. Or, we can help you to get registered.
Small businesses in Gloucester, MA seeking SBA loans typically include marine services, fishing-related enterprises, tourism operations, and local retail establishments. Restaurants, marine supply stores, and coastal hospitality businesses near Cape Ann often qualify for federal small business financing programs.
Manufacturing companies, professional service providers, and construction firms in Essex County may access SBA loan opportunities. Service-based businesses like HVAC contractors, plumbing companies, and maritime equipment suppliers can leverage these financial resources to support growth and infrastructure investments.
