HEF Small Business Growth Fund

Unlock Your Business Potential with HEF Small Business Growth Fund

Harlem Entrepreneurial Fund is excited to announce our new loan product: HEF Small Business Growth Fund!

Designed for startups and growing businesses, this new loan product empowers local entrepreneurs to scale and grow their business. Take advantage of this opportunity and apply now!

Financing Terms

  • Loan Amount

    $2,500 – $10,000

  • Loan Terms

    3 years

  • Interest Rate

    6% Fixed

Loan Use

  • Working Capital

  • Marketing & Advertising

  • Equipment & Machinery

  • Inventory Purchases

Eligibility

  • Must be located and operating in NYC

  • No charge-offs, or bankruptcies within the last 3 years

  • All industries except (gambling, liquor stores, taxi operators, real estate entities, pornography, etc.)

Application Requirements

  • Three most recent business and personal Bank Statements

  • Personal Guarantee (Recourse – loans will be reported on personal and business credit)

  • Valid government issued ID

All loans are subject to HEF review and approval. Loans will be processed on a first come first served basis while funding is available. Upon loan approval, a business consultation with NYC Small Business Solutions Center (pre – post closing assistance) is required.

Ready to take the next step?

Start the loan process through the button below, or contact us at (212) 749-0900 ext. 119 to learn more.