Community Capital New York, Inc.

This is a community-focused bank offering SBA loan programs designed to help small and medium-sized businesses access financing for growth and development. You can find information about loan options, application processes, and personalized support tailored to your business needs.

Ask Community Capital New York, Inc. directly — some branches take walk-ins, others book SBA conversations by appointment.

Hours vary by branch and change. Check Community Capital New York, Inc.'s website or call before you visit.

Browsing this directory is free. Any loan fees are set by Community Capital New York, Inc. and the SBA program — ask the lender for its current schedule.

This bank primarily serves businesses located in the New York region, particularly those seeking SBA loans. While they focus on regional clients, eligibility depends on meeting specific loan criteria.

Many SBA lenders look for a personal score around 640 or higher, but each bank sets its own bar and it changes. Ask Community Capital New York, Inc. what it looks for today.

The underwriting process typically takes between 30 to 60 days, depending on the complexity of the application and completeness of submitted documentation.

Most bank SBA teams work weekdays; confirm with Community Capital New York, Inc. before planning a weekend visit.

Community Capital New York, Inc. is located in New York — see the contact card for the full address. Most bank locations offer free on-site or nearby street parking for visitors. For exact directions, the entrance, and accessible parking, use the listed address or call ahead and staff can point you to visitor spaces.

This page is an independent directory listing for Community Capital New York, Inc., an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by Community Capital New York, Inc. itself, which runs its own lending under its own ownership. If you work at Community Capital New York, Inc., you can claim this listing from this page to manage it.

The core details for Community Capital New York, Inc. — name, location, contact, and lender type — are compiled from public records and reviewed periodically. Rates, programs, credit policies, and hours change often and are not guaranteed here, so always confirm the latest terms directly with Community Capital New York, Inc. before applying. If you represent Community Capital New York, Inc., claim this listing to keep its information up to date.

You can reach Community Capital New York, Inc. by phone at (914) 747-8020 or online at communitycapitalny.org/contact-us — the same details are in the contact card on this page.

Based on its approved SBA loans, Community Capital New York, Inc. most often finances businesses in restaurants & food service and construction & contractors. This reflects Community Capital New York, Inc.'s real SBA 7(a) and 504 lending history rather than a stated policy — it can still consider other industries and sets its own current preferences, so confirm with Community Capital New York, Inc. which sectors it actively lends to before you apply.

SBA Express offers lines of credit and term loans up to $500,000 with a faster turnaround than standard 7(a) loans. Whether Community Capital New York, Inc. participates in SBA Express depends on its specific SBA lending authority. Contact Community Capital New York, Inc. and ask if it offers SBA Express and what the current limits and terms look like for your situation.

Whether Community Capital New York, Inc. has SBA Preferred Lender (PLP) status is set by the SBA. Ask the bank directly; PLP lenders can approve in-house and often move faster.

The SBA does fund start-ups, but many traditional lenders prefer at least two years of operating history and may ask newer ventures for a larger equity injection or stronger collateral. Community Capital New York, Inc.'s appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask Community Capital New York, Inc. directly whether it considers start-up loans.

For SBA 7(a) and 504 commercial real estate loans, borrowers typically contribute around 10% to 20% as a down payment or equity injection, depending on the property and the deal. Exact requirements vary with your credit, the business, and the lender's policy. Ask Community Capital New York, Inc. what down payment it expects for your specific commercial real estate purchase.

SBA 7(a) loans with terms under 15 years generally carry no prepayment penalty, while longer real estate loans can have one in the early years. Short-term working capital lines often have no penalty, but terms vary by lender. Review your loan agreement and ask Community Capital New York, Inc. to spell out any prepayment penalties before you sign.

SBA loans can be used for a partner or owner buyout, including buying out an existing equity partner, when the deal is structured to meet SBA rules — for example, the remaining owner generally must stay actively involved. Approval depends on the specifics, so discuss your buyout plan with Community Capital New York, Inc. to confirm it qualifies and how to document it.

A past personal bankruptcy does not automatically disqualify you from an SBA loan. Lenders look at how long ago it was discharged, the circumstances, and how your credit has recovered since. Community Capital New York, Inc. weighs this case by case under its own policy, so be upfront about your history and ask Community Capital New York, Inc. how it evaluates prior bankruptcies.