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BOC Capital Corp.
85 South Oxford, 2nd floorBrooklyn NY, 11217-1607
CDFI Awards for BOC Capital Corp.
FA (2009) - $600,000
BOC Capital Corp. (BCC) is a certified CDFI established in 2001. BCC provides flexible and affordable micro-enterprise financing and bilingual training to its Target Market consisting of low-and-moderate income borrowers and qualifying geographic areas in New York City. BCC will use its FY09 Financial Assistance award to increase lending in its Target Market.
FA (2006) - $300,000
BOC Capital Corp. (BCC) is a certified CDFI founded in 2001. BCC provides flexible micro-enterprise financing to low income people in Brooklyn and recently expanded to include Low-Income Targeted Populations (African American and Hispanics) throughout New York City. The Financial Assistance Award of $218,561 will enable BCC to capitalize its loan pool and serve its expanded Target Market. It will use its Technical Assistance Award of $81,439 to: 1) complete a market needs analysis; 2) to engage the professional services to oversee the TA project; and 3) to purchase computers and upgrade its existing client database.
SECA (2002) - $102,000
The SECA award"s technical assistance component will enable purchase of consulting services (development of a strategic plan and marketing plan and products, plus the conducting of a financial and program audit), technology (loan tracking software and computer equipment), and board and staff training. The award"s Financial Assistance component will support expanded operations.
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