Syracuse, NY Small Business Loans
In the heart of New York, find a lender that’s just as dedicated to your business as you are.
Syracuse: At the Center of Business in New York State
The Central New York region is where innovation and history converge in New York State. Right at the midpoint of the Thruway is Syracuse, NY, a hub of commerce with manufacturing and transportation roots. With its history as a leader in engineering and technology, including defense contracting, Syracuse is a prime location to start and grow your business!
Pursuit has worked with many Syracuse-based businesses on everything from commercial real estate to working capital. Talk to us when you’re ready to reach new heights!
Pursuit is approved to offer SBA loan products in Syracuse, NY under SBA’s Preferred Lenders Program & SBA Express Program.
Businesses funded in Central New York since FY2023
Funding Businesses in Syracuse and Central New York
The future looks bright in Syracuse and Central New York, thanks to several specialized industries taking off! With support from local and statewide economic-development plans and incentives, opportunity is everywhere in the region. Whether you’re growing a distribution and logistics venture in Syracuse’s prime position on the NYS Thruway and Interstate 81, or you’re starting a health care practice, you’ll find a wide variety of financing options with Pursuit.
From Armory Square to the Dome, and Fulton to Cazenovia, Pursuit clients are using funding to take their businesses onward, outward, and upward. Wouldn’t you like to work with a lender that understands the heart of running a business?
- “Everything about my experience was great. Pursuit was super to work with and the loan process was quick and easy.”
- "I wouldn't hesitate to go to Pursuit again. I got a great interest rate, the whole process was so much easier than I expected."
- "The Pursuit team was great to work with on this. They made the application and funding process as smooth as possible."
Business Loan Programs in Syracuse, NY
New York Forward Loan Fund 2
SBA 504 Refinance
Frequently Asked Questions
You’ll find a wide variety of business loans in Syrcause, from conventional financing offered by banks, to alternative business loans offered by lenders like Pursuit. There are loans available for every business need, and your bank is a great place to start!
Every loan program and lender have their own qualification criteria, but there are some standard items that most lenders will review. For one, they’ll want to review your credit score and history to get a sense of your ability to repay your debts. They might also review your resume to better understand your experience in your industry. Many programs have requirements related to how long your business has been open and where it’s located too. Talk to your lender to fully understand what you’ll need ot qualify before you apply.
You’ll find loans for both in Syracuse! While established businesses may have more options for programs, there are many available specifically for startups too! If you have a startup or early-phase business, you can apply for the Main Street Capital Loan Fund through Pursuit, which offers up to $100,000 in financing with only minimal payments in the first year. The SBA 7(a) loan program is a popular option for startups too!
Yes! Pursuit offers SBA loans in Syracuse and Central New York, including the SBA 504 program, SBA 7(a) program, and Microloan program. The SBA also has a district office located in Syracuse!
Not necessarily. While some industries are viewed as “riskier” than others from a lender’s perspective, it doesn’t mean they can’t get approved for a loan. There are some industries that are not eligible for certain loan programs, and if you’re unsure if your business falls into that category you should talk to your lender before you apply.
