Bay Colony Development Corpora
Waltham, MA 2451
SBA Certified Development CompanyTop Industries Financed
- Full-Service Restaurants
- Hotels (except Casino Hotels) and Motels
- Child Day Care Services
- Landscaping Services
- General Automotive Repair
Quick Summary
Bay Colony Development Corpora is an SBA-certified Certified Development Company (CDC) headquartered in Waltham, Massachusetts. Since 2010, they have approved 1,784 SBA 504 loans totaling $1.1B, with an average loan size of $603K. They serve businesses across 5 states.
About Bay Colony Development Corpora
Bay Colony Development Corpora is an SBA-certified Certified Development Company (CDC) headquartered in Waltham, Massachusetts. Since 2010, they have approved 1,784 SBA 504 loans totaling $1.1B, with an average loan size of $603K. They serve businesses across 5 states.
Before you apply — know where you stand
Nav is the only place where you can track your FICO SBSS score — the score the SBA uses to determine loan eligibility.
Helpful SBA 504 Guides
Frequently Asked Questions
What does Bay Colony Development Corpora do?
Bay Colony Development Corpora is an SBA-certified Certified Development Company (CDC) based in Waltham, Massachusetts. CDCs partner with banks to deliver SBA 504 loans — a long-term, fixed-rate financing program for commercial real estate and equipment. Bay Colony Development Corpora handles the SBA-backed 40% portion of the financing structure.
How many SBA 504 loans has Bay Colony Development Corpora approved?
According to SBA FOIA public records, Bay Colony Development Corpora has approved 1,784 SBA 504 loans totaling $1.1B since 2010. Their average loan size is $603K.
What states does Bay Colony Development Corpora serve?
Bay Colony Development Corpora serves businesses in 5 states: Connecticut, Massachusetts, New Hampshire, Rhode Island, Vermont.
How do I apply for an SBA 504 loan through Bay Colony Development Corpora?
To apply for an SBA 504 loan through Bay Colony Development Corpora, contact them using the form on this page. You'll also need to work with a participating bank for the 50% bank portion. Before applying, prepare 3 years of business tax returns, personal financial statements, a business plan, and details about the property or equipment you're financing. Most 504 loans require 2+ years in business and a FICO SBSS score of 155+.
Get in Touch with This CDC
Contact Bay Colony Development Corpora
Ready to Apply for an SBA 504 Loan?
Compare all SBA 504 CDCs in Massachusetts or check if an SBA 7(a) loan is a better fit.
SBA 7(a) loans up to $5M · Faster funding · Check in minutes