Company Information

Get to know massachusetts growth capital corporation (mgcc)

The Massachusetts Growth Capital Corporation is a quasi-public agency of the Commonwealth of Massachusetts established in 2010. Its mission is to create and preserve jobs and promote economic growth by providing financial products and services to small businesses, entrepreneurs, and non-profits that are not able to access sufficient capital from traditional lenders. MGCC focuses on supporting women, minority, immigrant, and veteran-owned businesses, as well as businesses in underserved communities, through a combination of working capital loans, loan guarantees, and expert technical assistance.

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massachusetts growth capital corporation (mgcc)

United States

Founded in

2010 (16 Years)

Founded

Last online: No recent activity

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Cyprus

2017

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.