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Economic Empowerment for the Hudson Valley

 


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 classes and one-on-one coaching.



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 contact:
Tamara Underwood
Small Business Program Manager
Phone: (914) 747-8020 X 16
Fax:  (914) 747 2049
Email:  tunderwood@ccrhv.org



people helped by CCR Small Business Support

Small Business Loans
Business loans up to $25,000 for start-up and existing businesses.

Business2Business Networking
A forum to share challenges, expand contacts and benefit from expert presentations.

Technical Assistance
Business Plan and QuickBooks classes, business coaching and credit counseling.




© Community Capital Resources 2010    All rights reserved.

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