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NY
Capital Region Advancement Fund
Revolving loan fund for for-profit businesses in Albany and nearby Capital Region counties.
About this program
The Capital Region Advancement Fund is a revolving loan fund that provides business financing in Albany, Columbia, Greene, Rensselaer, Saratoga, and Schenectady counties. As loans are repaid, funds revolve to support additional businesses over time.
Eligibility
For-profit businesses located in one of the six covered Capital Region counties, including Albany County.
Requirements
- Operate a for-profit business in the eligible county service area
- Submit loan request, business financials, project budget, and repayment information
- Use proceeds for eligible business purposes under fund guidelines