WHIDC specializes in small business loans up to $50,000 for established businesses. For businesses in the startup phase (less than 24 months) we offer loans up to $15,000. Our loans meet the needs of entrepreneurs for a variety of financial needs whether to purchase inventory, update your equipment, pay accounts receivable, or manage your debt, WHIDC aims to enable the growth and retention of small businesses.
The Business Operating Success System (BOSS) provides one-on-one business development assistance and pro bono legal assistance to micro-businesses in Upper Manhattan and the Western Bronx. The program has made 400 loans totaling $6,000,000 since the loan program’s inception in 1992.