Nearly every business requires capital to start and grow.
The LDCENY’s staff has extensive experience in raising capital in many forms—micro-loans, traditional bank loans, alternative loans, leasing, and equity. We can help entrepreneurs prepare the financial package, in order to raise capital at every stage of business development, from pre-start-up to mature company.

The LDC provides financial assistance to businesses in a variety of ways:

For Established Entrepreneurs
Traditional lending such as term loans, lines of credit and factoring
Small business investment corporations
Industrial development funds
Capitalized leasing<
Equity
Real Estate Financing

For Start-Up Entrepreneurs
Hispanic Peer Lending Group
Small business loans from Innovative Bank (SBA Express Loans) and City National Bank (Community Loan Fund)
Alternative lenders such as Project Enterprise, Count Me In, Women’s Venture Fund, and other not-for-profit lenders.
Traditional loans (both SBA and non-SBA) from banks such as HSBC, Citibank, City National Bank, and JP Morgan Chase.

For Aspiring Entrepreneurs
Personal Finance Course and Credit Training

Individual Development Accounts (IDA)
Under this program, the savings of low-income individuals are matched one to one by the LDCENY. Participants save up to $2,000 and receive a match of up to $2,000. Funds can be used to invest in a business, or pursue higher education. For more information and program outline, please click here http://www.ldceny.org/programs/business_dev/images/IDA.pdf

For Veterans
Patriot Express Pilot Loan Initiative
The U.S. Small Business Administration has announced the SBA’s Patriot Express Pilot Loan Initiative for veterans and members of the military community wanting to establish or expand small businesses.
Eligible military community members include:
* Veterans
* Service-disabled veterans
* Active-duty service members eligible for the military’s Transition Assistance Program
* Reservists and National Guard members
* Current spouses of any of the above
* The widowed spouse of a service member or veteran who died during service or of a service-connected disability

For further information, please visit www.sba.gov. Our business coaches are ready to assist you with applying for this loan.

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