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- » En Español—Préstamos Avance
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- leap_logo

-Business Loans for People

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- Whether you are thinking of expanding your business or starting a new one, we have the right financing for you.

Our LEAP loans are designed to fit the needs of small businesses in New York City. Our goal is to provide affordable credit to small yet growing businesses and promising new ventures. If you are located within Manhattan, the Bronx or Brooklyn, you’ve come to the right place.

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• How to Apply for a Loan
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• FAQs about Business Loans
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• Other Small Business Resources
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Apply for a LEAP Loan TODAY!-
View Our LEAP Brochure

brochure

» View Spanish pdf file
» View English pdf file

What sets us apart:

We lend to new businesses.
If you’ve been to a bank already, you know that it’s virtually impossible to get a loan to start a business. LEAP loans are designed for people with great ideas and energy, skills, and relevant experience, so even if you are in the starting phase, we will consider your application.

We look at you as a person, not a credit score.
While we do take into account your past and current credit history, this is only one of the many aspects that we consider when reviewing an application. We also offer loans for individuals with limited credit histories.

Our loans have attractive rates and flexible terms.
The interest rate may be as low as 10.5% and the repayment term may extend up to 12 years.

We work with you every step of the way.
If you need assistance preparing a business plan or figuring out how to prepare cash-flow projections, we’ll find the technical assistance resources you need. You may want to start by checking out the list of small business resources in NYC that provide technical assistance. Even after your LEAP loan is approved, we stick with you and your business and would help you find resources that meet your needs.

Ready to take a LEAP? Apply today.

LEAP Loans for people.
To find out whether you’re ready to apply or to ask questions not answered in the FAQs section, call 212-254-6060 extension 100. We’ll listen and respond.



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Success Stories:
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Hayden-Harnett applied for a $100,000 expansion loan. Read their story.
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Neighborhood Trust approved Raul and Roberta's $12,250 loan. Read their story.
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Brooklyn Cooperative approved Las Banderas loan request. Read their story.
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Start-up Nail Salon in Harlem receives $25,000 from Union Settlement FCU. Read the story.




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