Question of the Day

Q. If I have a low credit score, am I still qualified for a business loan? Answer: We are actually more flexible in terms of credit issues compared to banks. However, the suggested credit score should be higher than 600. We also encourage people to build up their credit score and come back when their credit has improved.          

Emerging Communities Initiative

The various neighborhoods of Queens represent some of the most diverse and economically unique communities in the United States. Immigrants from all over the world have come to Queens to realize their personal and financial dreams.

To encourage the continued development of new businesses, Renaissance has created the Emerging Communities Initiative for small businesses located in Astoria, Long Island City, Sunnyside, Woodside, Jackson Heights, Elmhurst, Corona, Flushing and Jamaica

Emerging Communities Initiative:

  • Startup and established businesses located in Astoria, Long Island City, Sunnyside, Woodside, Jackson Heights, Elmhurst, Corona, Flushing and Jamaica, Queens.
  • Loans of up to $100,000 and up to 5 years repayment
  • 5% Interest Rate & Up

To learn more about the Emerging Communities Intiative please Contact Us