Revolving Loan Fund

Establishes and manages a revolving loan fund to provide financing to existing companies in Erie County for expansion purposes.

Offers revolving loans to support new and expanding businesses, facilitating access to capital for economic development purposes.

Provides capacity-building through financial management training and business development programs for entrepreneurs in Egypt.

Operates a YouTube channel to share content related to its mission and activities in support of transparency and outreach.

Provides interest-free loans, business training, and mentorship to entrepreneurs identified through Coptic Orthodox Church communities in Egypt, with individualized repayment schedules based on business growth. The organization has funded and supported over 300 new business partners across 7 locations in Egypt.

Administers vendor registration for Nassau County procurement, including fee carryover for re-registration within 12 months, facilitating small business participation in public contracting.

Provides gap financing through loans to small businesses unable to access traditional bank financing, supporting business growth, job retention, and job creation. Administers multiple revolving loan funds, including a $2.5 million fund for defense-dependent manufacturers, a $750,000 fund for commercial fishermen and aquaculture, and a $6,570,000 CARES Act-funded fund for businesses impacted by the pandemic. Processes, underwrites, closes, funds, and services loans internally.

Offers workshops and seminars on financial literacy, bookkeeping, marketing, technology utilization, and networking for entrepreneurs. Provides free seminars on capital access, business certification, and government contracting basics.

Offers comprehensive borrower services including loan preparedness assistance, review of business plans and financials, and technical support such as setting up QuickBooks, structuring financing packages, and office procedure guidance, as part of an integrated lending process.

Facilitates access to small grants for businesses through the New York Business Development Corporation and Community Development Block Grant Funds, with grants up to $100,000.

Provides microloans ranging from $1,000 to $2,500 to small businesses and offers access to low downpayment, fixed-rate financing for eligible small businesses and nonprofits, expanding capital access for underserved entrepreneurs.

Facilitates SBA 504 financing that enables small businesses to finance up to 90% of project costs for acquisition, construction, renovation, and equipment, with long-term, fixed-rate, self-amortizing loans. Combines SBA financing with other programs such as New York Job Development Authority second mortgages, Industrial Development Agency bonds, and leaseback incentives to maximize capital access.

Provides affordable housing and small business loans to support distressed communities on Long Island. Created and administered HUD 108 revolving loan funds for Suffolk County, the Towns of North Hempstead and Hempstead, and the Village of Hempstead.

Operates the Government & Private Sector Contracting Assistance Program (GAPSCAP) to help small businesses secure contracts. Provides technical assistance on federal contracting processes, including SAM registration, small business certification, and procurement opportunity identification. Offers guidance on private-sector contracting and M/WBE certification, and refers businesses to Procurement Technical Assistance Centers.

Conducts analysis of current money transfer platforms, researches emerging technologies including cryptocurrency, and suggests improvements to enhance the efficiency and accessibility of financial services for underserved entrepreneurs.

Identifies qualifying communities in South Africa and Pakistan, particularly in areas with high rates of misogyny, and partners with community centers and organizations such as the National High School Microfinance Coalition to expand outreach and recruit interns.

Reviews loan applications through an extensive process requiring details on business structure, peer recommendations, and repayment plans. Assesses business models to ensure sustainability before approving loans.

Runs a barber shop in Anse-à-Veau, Haiti, serving an average of five customers per day, as part of direct entrepreneurial operations to demonstrate viable small business models in underserved communities.