Low Interest Loans
- Flexible financing for businesses in Southeast Queens
- Capital Access invests in community businesses to create community jobs
- Interest Rates: Below market rates pegged to Wall Street prime
- Terms: Negotiable loan maturity period (usually five years)
Who is Eligible for financing?
- New and existing businesses located in Southeast Queens (except those operating at JFK Airport) (Map)
- Your business has sales of less than $10,000,000 and fewer than 500 employees
Loan Products
Southeast Queens: Capital Access
- Loan Amounts: $100,001 – $300,000
- Financing is asset – based; collateral is required
Southeast Queens: Capital Access Express
- Loan Amounts: $10,000 – $100,000
- Character – based loan approvals; collateral required on case - by -case basis
What can I use the loan for?
- Business expansion
- Purchase new equipment
- Buy or improve existing property
- Working capital
- Gap loan while you are waiting for funding from another committed source
Special Services
- One-to-one assistance to help prepare your loan application package is available to qualified applicants
- Flexible loan packages can be tailored to meet special needs
Links
Applications:
CAPITAL ACCESS
Pre-Application
Application
CAPITAL ACCESS EXPRESS
Pre-Application
Application
Contact
GJDC Contact for Southeast Queens Capital Access
Lisandro Kellis, 718.291.0282 x139
lkellis@gjdc.org