Business Resource Investment Service Center

Business Resource Investment Service Center
By   Guideye
Category: General

www.brisc.umez.org

Their mission statement:

“The Business Resource & Investment Service Center ("BRISC") was launched by the Upper Manhattan Empowerment Zone and the US Small Business Administration ("SBA") as a One Stop Capital Shop to provide access to capital and technical assistance to small business owners and entrepreneurs located in the Central, East and West Harlem and Washington Heights and Inwood communities. As a technical assistance intermediary, BRISC provides direction to small business owners interested in expanding or relocating as well as residents who want to start new businesses.”

Focus:

  • Harlem, Washington Heights and Inwood
  • Start-ups and Existing Small business Owners
  • Working capital
  • Leasehold improvement
  • Machinery and equipment financing

Requirements

  • Work in the area served

Loans:

  • Loan Size: $25,000 to $200,000
  • Interest Rate: prime
  • Application fee: $125
  • Closing Fee: $250-$500

Other Services:

  • Technical Assistance
  • Business Plan
  • Credit Counseling