Increasing Access to Small Business
Financing in New York’s Neighborhoods
Who We Are
NYC Local Lending is a new approach to helping small businesses in New York City neighborhoods where the need is most critical. The initiative brings together three leading community-based lenders: Accion, Excelsior Growth Fund and Renaissance Economic Development Corporation (Renaissance). We’ve served New York City’s neighborhoods individually for over 25 years. Through our combined efforts, we are ensuring that more entrepreneurs than ever before have access to the financial resources they need to start or grow.
Why We’re Joining forces
Small business owners today have a confusing array of alternative lenders to choose from, and it’s often hard to know where to turn. So, we’ve teamed up to make it easier than ever before for small business owners to find the lender to best meet their needs.
Additionally, in lower income and underserved neighborhoods, many entrepreneurs struggle to connect with a lender that can meet their needs. Together, we’re spreading the word about our affordable and accessible loan products in these neighborhoods and helping small business owners overcome barriers to financing. We are looking forward to working with you!
Let's keep in touch!
NYC Local Lending is an initiative of Accion, Excelsior Growth Fund and Renaissance Economic Development Corporation, three leading nonprofit Community Development Financial Institutions certified by the U.S. Department of Treasury. NYC Local Lending is sponsored by JPMorgan Chase.