Small Business Loans for NYC Entrepreneurs

First Crescent Capital provides small business loans to NYC entrepreneurs to help them grow their operations. As a preferred financial services organization, First Crescent Capital has the ability to fast-track SBA loans for our NYC-based clients. Our SBA programs are very versatile, and can be used for:

  • Working Capital
  • Equipment
  • Business Acquisitions
  • Commercial Real Estate

Working Capital for NYC Businesses

Our small business loans can provide working capital for a variety of businesses throughout NYC. Our small business loans do not have prepayment penalties, and come with terms up to 25 years. We also offer fixed and variable interest rates under our SBA 7a and 504 loan programs.

Business Acquisitions

First Crescent Capital’s SBA loan programs provide the funding necessary for business acquisitions to ensure a smooth and efficient process. Our prequalification helps NYC business owners make the right decisions to stay successful. Our SBA loans for business acquisitions offer terms up to 15 years and low interest rates. Our team will evaluate cash flow and management to help guide the transaction for the best results.

Equipment for NYC Businesses

Our SBA loans can be used for equipment financing and offer superior terms and rates. First Crescent Capitals SBA loans can be used for equipment such as:

  • Manufacturing and Industrial Equipment
  • Healthcare Machinery and Medical Equipment
  • Vehicles
  • Transportation Tools
  • Printing Machines
  • Dry Cleaning and Laundry Equipment

Commercial Real Estate Projects in NYC

First Crescent Capital’s SBA loan programs can be used for property acquisitions, renovations, refinancing, and construction. Our small business loans for commercial properties feature low interest rates, fast processing times, and can be used for a wide range of properties such as:

  • Hospitality Building, Hotels, and Motels
  • Self-Storage Facilities
  • Automotive Businesses
  • Single-Purpose Buildings
  • Owner-Occupied Buildings
  • Childcare Facilities
  • Nonconforming Properties

SBA 7a Loan Program for NYC Entrepreneurs

The SBA 7a loan program from First Crescent Capital features:

  • Loan amounts up to $5 million
  • Up to 90 percent financing for real estate
  • Up to 80 percent financing for business acquisitions
  • Up to 100 percent financing for equipment
  • Up to 100 percent financing for debt refinancing
  • Full amortizations
  • Low interest rates

SBA 504 Loan Program for NYC Businesses

We also offer SBA 504 loans to NYC business owners which feature:

  • Project financing up to $12 million
  • Up to 90 percent financing for purchasing assets
  • Up to 80 percent financing for commercial real estate
  • Full amortizations
  • Low interest rates

SBA 504 loans can be used for the following:

  • Acquiring equipment and machinery
  • Commercial real estate
  • Construction for owner-occupied or commercial properties
  • Purchasing fixed assets for your business

Small Business Loans for Local NYC Entrepreneurs

At First Crescent Capital, we help to remove funding obstacles for entrepreneurs in NYC and help them get the financing they need quickly and efficiently. Contact our offices today to learn how a small business loan from First Crescent Capital can help your business.