Bronx Chamber of Commerce - NYC Small Business Opportunity Loan Fund Launched

 

Today the Bronx Chamber of Commerce joined Mayor Eric Adams, Department of Small Business Services, elected officials, and other business advocates and small business owners to announce the NYC Small Business Opportunity Fund, which delivers flexible, low fixed-interest-rate capital, including:        No minimum credit score required   Loans up to $250,000 at 4% fixed interest rate    Free business support from trusted, local, mission-driven lenders    Easy to apply    No application fees     Open to businesses at all stages – from startups to growing to rebuilding  “Access to financing via low-interest loans and grant programs is crucial to the economic recovery and forward movement of our local economies,” said Lisa Sorin, President, The Bronx Chamber of Commerce. “Today's announcement by Mayor Adams provides an additional tool for small businesses, which increases access to affordable capital during a period of global inflation.”   Businesses can learn more about the NYC Small Business Opportunity Fund and resources available to help apply at SBSOpportunityFund.nyc or by emailing outreach@bronxchamber.org.

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