$10,000 – $300,000 Interest Rates: Below market rates pegged to Wall Street prime Terms: Negotiable loan maturity period (usually five years) Asset-based for loans over $100,000 (Capital Access) Expedited turnaround for character- and credit scoring-based loans up to $100,000 (Capital Access Express)

$10,000 – $25,000 Interest Rates: Below market rates pegged to published prime rate Terms: Open Credit line (usually two years)

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

Small Business Loans

Southeast Queens Capital Access

Alternative Financing for Small and Mid-Sized Local Businesses

Capital Access is a revolving loan fund that invests in community businesses to create community jobs.

Who is eligible for financing?

New and existing businesses located in Southeast Queens (in the 114xx and 116xx zip codes)
Your business has sales of less than $10,000,000 and fewer than 500 employees

Loan Programs

Term-Loans

$10,000 – $300,000
Interest Rates: Below market rates pegged to Wall Street prime
Terms: Negotiable loan maturity period (usually five years)
Asset-based for loans over $100,000 (Capital Access)
Expedited turnaround for character- and credit scoring-based loans up to $100,000 (Capital Access Express)

Line of Credit (LOC)

$10,000 – $25,000
Interest Rates: Below market rates pegged to published prime rate
Terms: Open Credit line (usually two years)

What can I use my loan for?

Business expansion
Façade or Merchandizing Improvement
Purchase new equipment
Buy or improve existing property
Working capital
Gap loan as part of loan basket with other financing
Bridge loan while 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