East Harlem Business Capital Corporation

2261-63 First Avenue, 3rd Floor
New York NY, 10029-1502


East Harlem Business Capital Corporation (BCC) is a start-up small business loan fund incorporated in 1999. The mission of BCC is to promote economic development and job creation in East Harlem by addressing the financial needs of the communitya€™s small business owners and entrepreneurs, including women and minority-owned businesses. BCCa€™s East Harlem target market is within the Federally-designated Upper Manhattan Empowerment Zone, an area that contains some of the highest levels of poverty in New York City. BCC provides small business loans between $10,000 and $50,000 to existing and start-up retail, service, and industrial businesses. In addition, BCC provides bi-lingual technical and financial counseling assistance to borrowers and prospective borrowers.

CDFI Awards for East Harlem Business Capital Corporation


CORE (2000) - $600,000

The CDFI Fund"s $600,000 capital grant will help leverage support from outside funders in order to meet the growing demand for BCC"s small business loan fund. The CDFI Fund grant will also support the organization"s efforts to make the transition from a part-time to a full-time lending staff.



SECA (1999) - $30,000

The technical assistance award will be used for training of its staff and board development of capitalization strategies market research product development and computer equipment.



(0) - $0



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