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 * The Housing Fund * The Enterprise Fund * The IDA Network *

 


Our Shared Goals
The goal of the second look program
is to strengthen your bank’s ability
to meet the credit needs of potential
and existing customers, thereby
strengthening deposit relationships
and ability to win new customers.

Meeting Customers Needs
Through the Second Look program,
declined small business loans are sent to Community Capital Resources, a not-for-profit CDFI and SBA microlender.

CCR’s Role
CCR may be able to help these
applicants secure financing and grow their businesses. CCR provides up to $25,000 in credit. In addition CCR provides technical assistance in the form of one-on-one financial counseling, business plan development classes, peer support and lending groups.

How the Program Works
Bank representative contacts denied applicant and informs them that there may be other lending sources.
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If applicant is interested ,
a referral is made to Community
Capital Resources
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A second look referral form is
faxed to Community Capital Resources
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Community Capital Resources
considers the applicant for a
small business loan and keeps
branches informed of the process
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Community Capital Resources
closes loan for customer at the
referring branch

For further information or to apply for a loan contact:
Melanie Stern
Manager, Micro-Business
Phone: (914) 747-8020 ext. 14
Fax: (914) 747-2049
Email: mstern@ccrhv.org


people helped by CCR Small Business Support

technical and peer support

 


© Community Capital Resources 2007    All rights reserved.

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