ACCESS TO CAPITAL PROGRAMS

New and expanding businesses can have difficulty meeting the requirements of a conventional lender. As a CDFI, we can provide you with business loans or lines of credit that suit your needs. We want to help you secure the financing you need to grow your business.

Entrepreneurs of Color Loan Fund: E.O.C.F.

• In response to the COVID-19 Pandemic, La Fuerza CDC brought the Entrepreneurs of Color disaster relief loan program to small businesses. Minority owned small businesses located in Nassau and Suffolk counties that have been in operation since September 2019 and have experienced a decrease in revenue as a result of the pandemic can apply for a 3% annual interest rate loan of up to $40,000. Please email your filled application and all required documents to loans@lafuerzacdc.org. Download the application form here.

P.O.W.E.R. Technology Loan Fund: Providing Opportunities to Women Entrepreneurs on the Rise

• The P.O.W.E.R. tech loan program was created to advance women entrepreneurs by providing them with an interest free loan of up to $3,000 for the purchase of technology (hardware/software). This program also comes with a Free 6-week marketing training course. Please email your filled application and all required documents to Power@lafuerzacdc.org. Download the application form here.

EMPIRE STATE DEVELOPMENT SMALL BUSINESS REVOLVING LOAN FUND (SBRLF)

• SBRLF is designed to create economic activity by providing greater access to capital for main street everyday small businesses. The program is targeted to small businesses that have had difficulty accessing regular credit markets. Loans can be up to $25,000. Please email your filled application and all required documents to loans@lafuerzacdc.org. Download the application form here.

MWBE Micro-Loan Program: Minority and Women Business Enterprises

• Certified minority and women owned businesses with awarded bid contracts seeking bridge financing in order to mobilize and get started. Please email your filled application and all required documents to loans@lafuerzacdc.org. Download the application form here.