New York Forward Loan Fund 2

A small business loan with flexible requirements to keep your business moving forward

New York State wouldn’t be what it is without small businesses like yours. That’s why New York Forward 2 is here; to empower small businesses to take on new opportunities to grow. With the New York Forward 2 program, you’ll be able to access the funding you need now and set your business up for the future.

Through this program, business owners located in New York State will be able to access up to $150,000 at a competitive, fixed interest rate. When you apply, you’ll be guided step-by-step through the application process by a Pursuit business expert to ensure you have everything you’ll need to get approved.

You can use your New York Forward 2 loan for nearly any business purpose, including renovations, marketing, and more! With an affordable loan to support your needs, you’ll keep your business moving forward and be ready to take on any new opportunities that come your way.

online business loan

Easy online application


Flexible requirements

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No prepayment penalty

What is the New York Forward Loan Fund 2?

The New York Forward Loan Fund 2 (NYFLF2) is a loan program aimed at supporting New York State small businesses by providing low-cost funding with flexible requirements.

Program details

  • Loan amount: up to $150,000, subject to cash flow analysis
  • Interest rate: 9.5% – 12.5% (subject to changes in prime rates)
  • Term: 3 – 6 years 
  • No application fees: Subject to approval, at closing up to $500 in third-party costs may be financed into the loan
  • No prepayment penalty

Is the New York Forward Loan Fund right for me?


The New York Forward Loan Fund 2 is designed to meet the needs of the truly small businesses throughout our communities. You’re eligible for the program if you meet the following requirements:

  • You’ve been operating in New York State for at least one year
  • You have 100 or fewer full-time equivalent employees
  • Less than $5 million in revenues for the prior fiscal year 

If you meet the following requirements, you are eligible for the New York Forward Loan Fund through Pursuit:

  • Break-even or positive cash flow of existing debt obligations and requested debt
  • Personal credit score of 640 or higher
  • No open tax liens or judgments against your business
  • No prior bankruptcies for you or your business

What can you use the New York Forward Loan Fund 2 for?


Your New York Forward Loan Fund 2 loan can be used for almost any business purpose. In particular, you can use your loan for:

  • Working capital
  • Inventory
  • Marketing
  • And more

Ensure that your business has the funding it needs to reach new opportunities and grow stronger for the future with the New York Forward Loan Fund 2.

The New York Forward Loan Fund 2 is administered by Pursuit Community Finance

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Get started

If you would like to learn more about the New York Forward Loan Fund 2, get in touch with us at [email protected]. We can help you navigate the application process.

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