Credit, Inc.

555 Bergen Avenue
Bronx NY, 10455-3099


Credit Inc. was created in 1994 as the financing arm of the South Bronx Overall Economic Development Corporation a nonprofit that promotes small business development in the South Bronx. Credit Inc. makes loans to small and emerging businesses.

CDFI Awards for Credit, Inc.


SECA (1999) - $50,000

The technical assistance award will enable Credit Inc. to develop a marketing plan improve its loan servicing functions and develop a strategy for attracting additional loan pool capital.



Other Community Development Financial Institutions in New York





Featured Government Grant Resources


Small Business Administration's Loan Guarantees Program

The Small Business Administration has established the Loan Guarantees Program wherein they aim to be able to provide guaranteed loans to small business establishments which are not capable of acquiring financing from a private credit marketplace but greatly manifests the ability to repay funds in a timely manner.







Small Business Administration Background

The Small Business Administration was established in 1953. Since that time the agency has dispensed millions of dollars in loans and loan guarantees, contracts, consulting assistance and other programs for small business across the United States.




According to a Private Capital, Public Good report recently released at the White House from a group of A-list impact investing and social enterprise specialists, the U.S. government can do a lot to spur the growth among the impact investing and social enterprise sectors.









More Federal Domestic Assistance Programs


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