Brooklyn Cooperative Federal Credit Union
Ready. Set. Grow.
Brooklyn Cooperative - Federal Credit Union
HomeATM locationsContactHelp DeskFacebook


MAYOR BLOOMBERG, CITY COUNCIL SPEAKER QUINN ANNOUNCE THE CAPITAL ACCESS PROGRAM AT BROOKLYN COOPERATIVE

05/13/2010

Brooklyn Cooperative welcomed Mayor Bloomberg, City Council Speaker Quinn, and diverse elected officials to the credit union to announce the first small businesses to receive loans through the recently expanded NYC Capital Access Revolving Loan Guarantee Program. Capital Access supports lending to small businesses to meet the challenges of the current economic downturn. And Brooklyn Cooperative is one of only five NYC financial institutions selected to participate in the program.

Brooklyn Cooperative small business member Luis Guevara, whose loan is supported by the Capital Access Program, explained: "Thanks to the City's loan program and the Brooklyn Coop, our business is still alive and hopefully this season it will get busy again and we will make it through this difficult period."

Through Capital Access, eligible businesses can benefit from: access to competitively priced loans, up to a 35% guarantee on qualified loans, and referrals to small business counseling and training. For more information, please see our Small Business Services page or www.nycedc.com. Read the Press Release or stream the video online.

Click here to view pictures of the press conference.