GET ACCESS TO CAPITAL WITH THE
HEF COVID-19 Small Business
Recovery Loan Program
Our HEF Small Business Recovery Loan Program
Provides Funding When You Need It
Since early this year, COVID-19 continues to have a devastating impact on the health and financial lives of vulnerable populations worldwide. The Harlem Entrepreneurial Fund serves these communities, and we are dedicated to supporting these hard-hit small businesses, especially Minority and Women-Owned Business Enterprises. Our mission is to ensure that New York City does not lose a generation of Black- and Latinx-owned businesses that have contributed significantly to our communities' economic and social fabric.
Loan Terms
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Working Capital & Equipment Purchase: Up to $15,000
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Interest Rate: 1%
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Term: Up to 5 Years
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Bonus: Three Month Deferment Period
Eligibility
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Small businesses
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Located in NYC
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In business for 3+ months
Wells Fargo Open for Business Fund
The COVID-19 Small Business Recovery Loan Program was made possible by the Wells Fargo Open for Business Fund's generous funding. This grant will allow us to provide capital and technical assistance to ensure successful recovery for small businesses in the Bronx, Harlem, Upper Manhattan, and surrounding communities!
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