For NYC small business owners who need capital to grow their business.

• Amount: $2,500 – $25,000
• Term: 3 years
• Business qualifications: NYC-based; flexible underwriting; No charge-offs and bankruptcies within the last 3 years.

Grow your business with the HEF Small Business Loan. This loan provides low-rate financing up to $250,000.

• Amount: Up to $250,000
• Term: Up to 5 years
• Business qualifications: Based on business history and repayment ability

Provides ongoing access to capital, helping businesses manage short-term operational needs.

• Amount: Up to $250,000
• Term: 12 months
• Business qualifications: Based on credit and cash flow

The microloan program provides loans up to $50,000 to help small businesses and certain not-for-profit childcare centers start up and expand.

• Amount: Up to $50,000
• Term: Up to 7 years
• Business qualifications: Based on creditworthiness and use case

A major obstacle business owners encounter is the lack of capital needed for growth. However, there are several options business owners can explore to raise capital.

• Amount: Up to $350,000
• Term: Up to 10 years
• Business qualifications: Based on credit, business history, and community impact

Supports small businesses across New York State by providing working capital for growth and expansion.

• Amount: Up to $250,000
• Term: Up to 5 years
• Business qualifications: Based on business viability and repayment ability