Greater Jamaica Development Corporation Southeast Queens Small Business Loan Fund
Low-cost small business loans for Southeast Queens businesses that have difficulty accessing conventional credit.
About this program
Greater Jamaica Development Corporation's Southeast Queens Small Business Loan Fund provides local financing to help small businesses in Southeast Queens launch, stabilize, or grow. The program is designed for businesses that may not qualify for traditional bank financing and can support eligible needs such as working capital, inventory, equipment, leasehold improvements, and other business expenses. GJDC pairs capital with business assistance to help borrowers strengthen operations and repayment capacity.
Eligibility
Small businesses located in Southeast Queens, New York that need financing for eligible business purposes and can complete GJDC loan review and underwriting.
Requirements
- Operate or plan to operate a small business in Southeast Queens
- Use loan proceeds for eligible business purposes such as working capital, inventory, equipment, leasehold improvements, or business growth costs
- Complete Greater Jamaica Development Corporation loan intake and underwriting