Community Capital Announces Partnerships with Mass. CAP & WBDC

Community Capital announces the partnership with other economic development entities including the Worcester Business Development Corporation (WBDC) and the Massachusetts Small Business Capital Access Program (CAP).  CCC entered in to agreements to underwrite and service loans for both of these entities.  During 2020, CCC underwrote 9 SBA loans totaling $8.8 million and serviced 42 SBA loans totaling $19.7 million on behalf of WBDC.  CCC is actively seeking additional partnerships with appropriate economic development entities including those that provide mentoring, education, or technical assistance to CCC target communities.