North Central Massachusetts Development Corp. approves financing for Fitchburg’s RA Aldrich Trucking

FITCHBURG — The North Central Massachusetts Improvement Corp., the financial growth arm of the North Central Massachusetts Chamber of Commerce, lately authorised a $44,000 mortgage to RA Aldrich Trucking in Fitchburg to help with the acquisition of a 2020 Peterbilt tractor Mannequin 389 to exchange the present truck that the Improvement Corp. financed a few years in the past.

“After I began my enterprise three years in the past, I utilized for a mortgage to facilitate the acquisition of my first truck to make petroleum deliveries,” stated Rafael Aldrich, proprietor of RA Aldrich Trucking. “Due to the monetary help and assist from the North Central Massachusetts Improvement Company, I’ve been capable of replace my gear and proceed rising my enterprise.”

As a microloan lender, the Improvement Corp. can present loans to small companies as much as $250,000 for working capital, actual property, gear, stock, enlargement and dealing with our banking companions to offer hole financing for the ultimate piece of a mission.

For extra details about the Improvement Corp. mortgage packages, folks can name 978-353-7607 or go to NorthCentralMass.com or ChooseNorthCentral.com.

The North Central Massachusetts Improvement Corp. is a nonprofit financial growth company with the mission of making jobs and bettering the economic system. It’s licensed by the U.S. Small Enterprise Administration, and the U.S. Division of the Treasury underneath the Group Improvement Monetary Establishments Program. Since 1996, it has granted over $20,000,000 in loans to small companies to assist improve jobs and enhance the economic system within the area.