Our mission is clear: we help business owners obtain the affordable loans and resources they need to grow and continue to positively impact their communities. As a community-focused, small business lender, we’re 100% invested in the success of our clients’ success no matter what industry or stage of business they’re in. When local businesses thrive, they provide good, stable jobs to the community, recycling the money they spend back into the community to help it grow.
Since 1955, we’ve been there for small businesses with innovative financing solutions as they’ve started and grown. Our lending footprint extends throughout Connecticut, Illinois, New York, New Jersey, and Pennsylvania. Here’s how Pursuit has helped small business owners and their communities thrive (data as of July 1, 2021).
Total lending since inception: $3.7 billion lent through 8,700 loans
35% of our funding is provided to minority and women business owners
Total jobs created
Learn more about our impact in our 2023 report by 60 Decibels
Throughout the pandemic, Pursuit worked diligently to support small business owners recover and grow. Tens of thousands of small business owners turned to us for support and access to relief loan programs and grants. Here’s the result of that work:
590 loans funded
$36.47 million deployed
$61,800 average loan
144 loans to storefront businesses in NYC
$13 million approved
$91,000 average loan
$22.9 million awarded
404 loans to NYC businesses
$57,000 average loan
$14 million awarded
755 grants to storefront businesses and street vendors in Queens
$18,543 average grant
90% of awards went to minority or woman-owned businesses
Pursuit is dedicated to helping small businesses thrive. When small businesses thrive, so do the communities they serve. Take a look at Pursuit’s work in action.
As a community-focused business lender, Pursuit offers loans from $10,000 to $5.5 million and up for almost any business need. Whether you’re just starting out or an established business, discover how you can transform your business with loan programs and business advisory services designed to help you succeed.
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