The Upper Manhattan Empowerment Zone offers loans to qualified existing and start-up businesses in Upper Manhattan.We are different from traditional bank lenders in three important ways. First, we do not focus exclusively on credit scores. Second, we fund start-up businesses. Third, we have flexible collateral requirements.
Instead, we seek to invest in projects that generally meet the following criteria:
Businesses that are, or will be expanding, within Upper Manhattan
Businesses that can be sustainable and generate positive cash flow
Businesses with experienced management teams
Projects with meaningful equity investment from their owner(s)
Projects that create significant community impact (e.g., jobs, services)
Click onto the followings links to learn about the various loan programs: