In the City of Good Neighbors, you’ve got a reliable lender to keep your business reaching higher.
The Buffalo Niagara region has everything a small business owner needs: a growing metropolitan area, skilled and educated residents, affordable real estate, and a range of cultural activities that make it a vibrant place to flourish. Surrounded by two Great Lakes and with easy access to Canada, the Midwest, and the East Coast, Buffalo is full of opportunities for entrepreneurs.
If there’s one trait you’ll find in your customer base here, it’s a sense of loyalty. Whether they’re faithfully supporting the local sports teams, or opting to shop small, the people of Buffalo are dedicated to keeping their communities growing. When you’re ready to take the first step toward your business’s future, talk to Pursuit!
Pursuit is approved to offer SBA loan products in Buffalo, NY under SBA’s Preferred Lenders Program & SBA Express Program.
Businesses funded in the Greater Buffalo Area since FY2023
Buffalo and its surrounding cities, towns, and villages are undergoing a steady economic revitalization, and Pursuit is proud to work with so many incredible businesses throughout the area. From the south towns to the north towns, Buffalo-area business owners have found a path to success through Pursuit. In fact, we serve all of New York state.
When you work with Pursuit, you’ll work one-on-one with our expert lending team to learn more about your needs and the best financing option to keep you moving forward. From working capital loans to commercial real estate loans, you’ll find a wide array of options for nearly any business need.
There are many small business loan options for Buffalo-based businesses, and your best place to start your search is with your business bank. They offer great terms and affordable rates if you meet their eligibility criteria. If you need more flexible terms or need funding quickly, you’ll also find great options with alternative lenders like Pursuit. Look for lenders that offer SBA loan programs, which allow lenders to have more flexible qualification criteria and longer terms while maintaining affordable rates.
Yes! Pursuit offers the Minority and Women Revolving Loan Trust Fund to businesses in Western NY, as well as Central NY, the Finger Lakes, Southern Tier, and Capital Region. This fund offers financing up to $35,000 for working capital and up to $50,000 for fixed assets at a 7.75% interest rate and a 5-year term. When you apply with Pursuit, we’ll make sure you’re matched with a program that gives you the best deal while meeting your needs.
It depends – each long program has its own timeline for approval, and it generally depends on the complexity of the project you’re financing. The best way to keep the process on track and get to an approval as soon as possible is to stay proactive and respond to all requests from your lender. The sooner you can give them the information they need, the sooner they can make a decision on your loan application.
Whichever works best for you! With Pursuit, you’ll find an easy-to-use online application where you can upload all your required documents through a secure portal.
Every loan program has its own documentation requirements, but you’ll need some of the same documents for most of them. These include your business and personal tax returns, interim financials (balance sheet and profit & loss statement), bank statements, and government-issued photo ID. Talk to your lender to find out exactly what’s required before you apply so you can have everything ready when you start your application.
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