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!

SBA and CDFI logo

Pursuit is approved to offer SBA loan products in Syracuse, NY under SBA’s Preferred Lenders Program & SBA Express Program.

Syracuse and Central New York Borrower Map

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?

Business Loan Programs in Syracuse, NY

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.

Our Syracuse, NY Loan Officers

Ben Alexander

Ben Alexander
Vice President

Central New York, Southern Tier
(315) 209-0676

James Bilotta

James Bilotta
Vice President, Business Development

Finger Lakes, Central New York
(585) 414-6754

Sherri Falck

Sherri Falck
Managing Vice President

Western New York, Finger Lakes, Central New York
(716) 364-2081

Find the right loan for your business today

You are about to leave the Pursuit website

Pursuit provides links from this website to other websites for your information only. Pursuit does not recommend or endorse any product or service appearing on these third party sites, and disclaims all liability in connection with such products or services. We are not responsible for the privacy practices, security, confidentiality or the content of any website other than our own. Pursuit does not represent members or third parties should the two enter into an online transaction, and recommends that you appropriately investigate any products or services prior to purchase. Questions as appropriate to the content should be directed to the site owners.