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Small Business Loan Program

Our Loan Fund is a financing program available to small business owners or entrepreneurs whose businesses are located in New York City. We make short-and intermediate-term loans available to businesses that may require additional funding to help grow existing enterprise or to jump-start a new one.

Loans of up to $100,000 can be used for the purchase of supplies, inventory or equipment or for renovations in commercial real estate.

Our experienced staff will work closely with you to provide technical assistance custom-tailored to your business needs.
  • No prepayment penalties
  • Quick Loan approval
  • $100 Business contribution
  • Terms of up to 7 years
  • Simple Documentation
* Credit report and UCC filing costs paid separately.
Chinatown/Lower East Side Initiative
  • Startup and established businesses located from Houston Street to Chambers Street and from Broadway to the East River
  • Loans of up to $100,000 and 7 years repayment
  • 4% Interest Rate & Up
Developing Community Initiative
  • Startup and established businesses located in Sunset Park
  • Loans of up to $50,000 and 5 years repayment
  • 6% Interest Rate & Up
Emerging Communities Initiative
  • Startup and established businesses located in Astoria, Long Island City, Sunnyside, Woodside, Jackson Heights, Elmhurst, Corona, and Flushing
  • Loans of up to $75,000 and 5 years repayment
  • 5% Interest Rate & Up
Small Business Loans
  • Startup and established businesses located within New York City
  • Loans of up to $50,000 and 5 years repayment
  • 8% Interest Rate & Up
For more information or an appointment, please call: (212) 964-6022

 

 

 

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