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Massachusetts Growth Capital

Massachusetts Growth Capital

Massachusetts Growth Capital is a provider of business loans to small and medium-sized businesses based in Charlestown, Massachusetts. The firm provides subordinated loans, lines of credit, term loans, guarantees, working capital, contract and purchase order financing, and others too small and midsized businesses to help the businesses grow, create jobs and strengthen the local economy. MGCC mainly focuses mainly on women, minority, and veteran-owned business by providing access to capital. It was formed by the consolidation of the Massachusetts Community Development Finance Corporation (CDFC) and the Economic Stabilization Trust (EST). The firm was founded in 2010 and is based in Massachusetts.

Year Founded
Service Provider Type
Primary Office
  • Schrafft's City Center, 529 Main Street
  • Suite 201
  • Charlestown, MA 02129
  • United States

+1 (617) 000-0000

Massachusetts Growth Capital Financings (4)

Company Name Financing Date Debt/Deal Date Debt/Deal Amount
MRSI Systems Jun 2018 00000 0000000
00000 0000 0000000 Dec 2014 00000 0000000
Bainbridge International Jun 2014 00000 0000000
Gloucester Engineering Jun 2012 00000 0000000
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Massachusetts Growth Capital Investment Preferences

Preferred Industries Preferred Verticals Preferred Deal Types Geographic Preferences Transaction Amount

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Massachusetts Growth Capital Co-Lenders (2)

Lender Lender Type Lender Location Total Shared Financings Last Shared Financing
Eastern Bank Commercial Bank Boston, MA 1
0000000000000 0000 Mezzanine Boston, MA 0
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Massachusetts Growth Capital Team (17)

Name Title Related Financings Office Contact
Lawrence Andrews President & Chief Executive Officer Charlestown, MA
Joe Kriesberg President Charlestown, MA
Neil Martin Chief Operating Officer and Chief Financial Officer 0 Charlestown, MA
Angela Miele Chief Credit Officer Boston, MA
Matthew Le Controller Charlestown, MA

4 Former Team Members

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Massachusetts Growth Capital Board Members (19)

Name Representing Role Since Contact
Amanda Magee Self Board Member 000 0000
Anthony Samuels Massachusetts Growth Capital Board Member 000 0000
Carmen Panacopoulos Self Board Member 000 0000
Constance Wright Self Board Member 000 0000
David Slutz Massachusetts Growth Capital Board Member 000 0000
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