Need Financing?
Brooklyn Alliance Capital, Inc. provides financing to under-served minority and immigrant entrepreneurs and low-income small business owners to increase financial stability and foster economic growth that will create jobs in Brooklyn.
Our federally certified Community Development Financial Institution (CDFI) offers micro-loans of $500-$25,000 to small and medium size businesses.
For more information contact Stevenson Joseph at [email protected] 718 875 1000 ext. 133
EXCELerate Loan Fund
Helping Brooklyn's BIPOC Business Owners receive up to $15K in unsecured, no interest, character-based loans.
About The Joe & Clara Tsai Foundation Social Justice Fund
The Social Justice Fund (SJF), an initiative funded by Joe and Clara Tsai Foundation, centers its work around Economic Mobility and Racial Justice for BIPOC populations in Brooklyn. As part of this commitment, the SJF is partnering with the Brooklyn Alliance Capital, the Brooklyn Chamber of Commerce's Community Development Financial Institution (CDFI), and TruFund Financial to assist BIPOC-owned businesses who have been impacted by COVID and the economic shutdown, in restarting and recovery. The SJF will provide a $2.5 million investment to be managed by the BAC and TruFund, to be deployed through unique and flexible loan products structured to assist BIPOC businesses who cannot obtain restart capital through other resources.