Company Information

Get to know Massachusetts Growth Capital Corporation (MGCC)

The Massachusetts Growth Capital Corporation (MGCC) is a quasi-public agency of the Commonwealth of Massachusetts that aims to create and preserve jobs by providing financial products and services to small businesses, women and minority-owned businesses, and other underserved sectors. Established in 2010, MGCC works with traditional financial institutions to make capital more accessible, offering working capital, loan guarantees, and technical assistance. It plays a central role in the state's economic development by supporting businesses that may not qualify for conventional bank financing.

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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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Regulated

Recommended

(74 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

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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.