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Community Capital New York Contractor Lending Program

Get the capital you need to deliver on contracts, grow your business, and strengthen your community.

Short-term, contract-based mobilization, equipment financing
and payroll support for small business contractors.

Fast, Flexible Funding for Small Business Contractors

  • Loan Amounts: $50,000–$500,000
  • Advance Rate: Up to 30% of contract or PO value (select applicants up to 60%)
  • Term: 3–18 months
  • Interest Rate: 6%–9% fixed, based on risk
  • Fees: $250 application fee, 3.5% closing fee
  • Repayment: Assignment of proceeds from contract payments
  • Structure: Term loan or non-revolving line of credit
  • Site Inspection: Required prior to closing

Who Can Apply?

  • Business Location: Westchester, Ulster, Rockland, Bronx, Putnam, Orange, Dutchess, Sullivan (NY), or Fairfield County (CT)
  • Minimum Credit Score: 600 FICO
  • Annual Revenue: $150,000+
  • Business History: 1+ years in operation
  • DSCR: 10x minimum
  • For-Profit Businesses Only: Excludes speculative real estate, developers, and financing businesses
  • Social Impact: Preference for businesses in LMI/underserved communities, majority women/minority/disadvantaged ownership, or those employing LMI workers

Eligible Uses

  • Working capital
  • Staffing
  • Equipment or inventory
  • Insurance and materials
  • Leasehold improvements
  • Debt refinancing related to contract fulfillment

How It Works

  1. Quick Inquiry: Submit your interest and basic business info.
  2. Screening: We review your eligibility and contract details.
  3. Assessment: We validate your contract and determine your advance amount.
  4. Underwriting: Submit document application, financials, contract/PO, insurance, etc.
  5. Closing & Funding: Sign documents, complete a site inspection, and receive your funds.
  6. Support: Ongoing monitoring and technical assistance.

For more information, call Mark Brazier, SVP of Contractor Lending, at 914-747-8061 or send email to mbrazier@communitycapitalny.org.

Apply Now!

At Community Capital New York, we don’t just look at credit scores; we assess your overall credit history when reviewing loan applications.

Apply Here!