Funding and Loan Repayment

Loans are disbursed through our ACH process. When it is time to repay your loan, repayments are automatically deducted from the bank account of your choice using the ACH process.​

How ACH Works

1. Request

You request a loan from HEF to be approved.

2. The Process

Once approved, you sign off on using the ACH process to receive funding and make loan payments.

3. Payment

With authorization, you receive your loan disbursement and loan payments will be deducted.

Need business financing, resources, or guidance?

Call (212) 749-0900 ext. 119

Harlem Entrepreneurial Fund

361 West 125th Street, Fl 2

New York, NY 10027


(212) 749-0900 x 119



HEF is a United States Treasury-Certified Community Development Financial Institution (CDFI) providing micro-financing to minority small business owners in Harlem, Washington Heights, Inwood and the Bronx.

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