Financing & Incentives

NYC Capital Access Loan Guaranty Program

A public-private partnership that helps micro and small businesses experiencing difficulty accessing conventional bank loans to obtain loans and lines of credit up to $250,000 for working capital, leasehold improvements, and equipment purchases. Some micro lenders will consider start-up loan applications.

Provides up to a 40 percent guarantee on loans for qualified NYC micro (under 20 employees) and small (21-100) businesses experiencing difficulty in accessing loans. The benefits of participation are:

  • Credit Enhancement for qualified loans
  • Better access to competitively priced loans
  • Access to a network of business lenders
  • Referral to small business counseling and training programs

Interest rates are negotiated between the borrower and the lender. The Lenders' normal collateral policies and procedures will apply to the Capital Access guaranteed loans.


Financing is available for retailers, manufacturers, wholesalers, non-profit organizations, contractors and distributors. Applicants must be located and conducting their business in New York City. Eligible uses include loan proceeds that are used for working capital, leasehold improvements and equipment purchases. Some micro-lenders will consider start-up loan applications.

To Apply

Every small business has unique characteristics that impact their financing decisions. NYC Business Solutions has partnered with NYCEDC to provide free Capital Access advisory services to small businesses interested in applying for Capital Access loans. NYC Business Solutions can help business owners determine which Capital Access lender best fits their needs and business profile. NYCEDC recommends using NYC Business Solutions as a first stop in applying for a Capital Access loan.

Visit the NYC Business Solutions Center website to find a Center near you and make an appointment for assistance.

NYC Business Solutions is a suite of services offered by the New York City Department of Small Business Services. NYC Business Solutions can help with Business PlanningBusiness Courses (including FastTrac), Financing AssistanceNavigating GovernmentHiring EmployeesTraining EmployeesSelling to the Government, and Accessing Incentives.

Applications are made directly to the lender. The lender will review the application and determine eligibility for a Capital Access guarantee. Contact any of the lenders listed below.

Approved Capital Access Lenders

Bethex Federal Credit Union
(718) 299-9100,
Loans of up to $250,000

Trufund Financial Services Inc.
(646) 843-6518,
Loans of up to $250,000

Neighborhood Trust Federal Credit Union
(212) 740-0900,
Loans of up to $200,000

BOC Capital Corp.
(718) 625-1296,
Loans of up to $100,000

Brooklyn Cooperative FCU
(718) 418-8232 x301 
Loans of up to $100,000

Accion USA
(212) 387-0494,
Loans of up to $35,000

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