Accompany Capital Fact Sheet FY24
Accompany Capital’s FY2024 Fact Sheet highlights a year of significant lending activity, business growth, and technical assistance provided to immigrant, refugee, and underserved entrepreneurs across New York City.
Key FY2024 Highlights
- Financial Impact: Disbursed $11,793,317 through 201 loans, supporting 490 active borrowers across New York City.
- Business Growth: Helped launch 21 new businesses while assisting 460 existing businesses to expand and strengthen their operations.
- Job Creation & Retention: Supported local economic growth by creating 189 full-time jobs and 80 part-time jobs, while helping retain 1,107 jobs.
- Inclusive Lending: Continued serving diverse entrepreneurs, with borrowers comprised of 65% immigrants, 48% women, and 11% refugees.
- Strong Loan Performance: Maintained a low 2.93% loan loss rate, demonstrating the strength and sustainability of Accompany Capital’s lending portfolio.
- Download the FY2024 Fact Sheet for full details on sector breakdowns, loan performance, and complete workshop offerings.