FITCHBURG: The North Central Massachusetts Development Corp. and the Assabet Valley Chamber of Commerce on Tuesday announced a new partnership to bring additional microlending resources closer to young companies in the Assabet Valley Region of Massachusetts.

The collaboration involves the North Central Mass. Development Corp. providing start-ups and existing small businesses in the Assabet Valley communities with access to its microloan financing programs, which provide loans of up to $150,000 to help businesses that may not meet the traditional lending standards.

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