In addition to seeking financing from the bank with which you regularly do business or traditional lenders, the organizations below provide financing specifically targeted to small businesses, start ups and growth.
Community Capital New York
7 W. Cross Street
Hawthorne, NY 10532
914 747 8020
The largest SBA Microlender in the Hudson Valley, making loans up to $50,000 to start up and emerging entrepreneurs who do not meet the credit, cash flow or collateral requirements of traditional banks. Also offering the Hudson Valley Opportunity Fund – loans up to $250,000 for qualified businesses.
Hudson River Ventures
Hudson Ventures: A small business investment fund focused on the Hudson Valley.
Hudson River Ventures makes investments ranging from $50,000 to $500,000 in our target industry sectors.
Kiva Zip provides loan capital through a crowd sources model. Potential lenders read about a business owner on the website and make a decision about whether to provide up to $5000 in loan capital.
Midhudson Regional Revolving Loan Fund
30 Scott’s Corners Drive
Montgomery, NY 12549
845 457 9700
Created by the five counties of the Hudson Valley (Orange, Sullivan, Ulster, Dutchess and Putnam) and the Empire State Development Corporation, the Mid-Hudson Regional Revolving Loan Trust Fund is designed to help small businesses grow and to create jobs.
New York Business Development Corp
White Plains Office
445 Hamilton Avenue
White Plains, NY 10601
914 358 6404
NYBDC’s goal is to assist, promote and, through the cooperative efforts of our lending partners, advance the business prosperity and economic welfare of the State of New York by providing loans (above $50,000) to small businesses including start-up, early stage and mature businesses with a particular emphasis on minority and women owned businesses.
Trufund Financial Services
39 W 37th Street, 7th Floor
New York, NY 10018
Tel (212) 204-1303
TruFund provides financing and business services to small businesses that cannot access affordable financing through traditional sources. Small Business loans range in size from $50,000–-$250,000.
Westchester Rockland Revolving Loan Fund
One Blue Hill Plaza
Pearl River, NY 10965
845 735 7040
Area(s) Served: Rockland and Westchester New York small businesses in Rockland and Westchester Counties that cannot qualify for traditional bank financing or would otherwise not qualify for a loan or for the full amount requested are eligible for up to $20,000 from the Rockland Economic Development Corporation revolving loan fund program.