Manhattan Borough Report 2023

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Manhattan Borough Report Summary (FY2023)

 

Accompany Capital’s 2023 Manhattan Borough Report highlights the organization’s investment and community impact in Manhattan.

Manhattan Borough Highlights:

  • FY2023 Funding: Provided $3,231,000 in loans to 57 small businesses and served 107 operating businesses.
  • Jobs & Growth: Supported 8 new business starts, 24 expansions, and 75 strengthened businesses, creating 40 jobs (27 full-time, 13 part-time) and retaining 260 jobs.
  • Historical Reach (Since 1997): Distributed $13M in loans to 1,008 businesses. 89.7% of loans supported refugee and immigrant entrepreneurs, while 48.9% supported women-owned businesses.
  • Client Spotlight: City Fabrics, owned by Ghulam Murtza, used Accompany Capital financing to renovate and grow its garment district fabric business.

 

Download the Manhattan Borough Fact Sheet for the complete breakdown of statistics, historical impact, and client success stories.