Welcome to the Community Loan Fund of the Capital Region
The Community Loan Fund of the Capital Region is a nonprofit community development financial institution serving the Capital Region of New York State — Albany, Columbia, Fulton, Greene, Montgomery, Rensselaer, Saratoga, Schenectady, Schoharie, Warren & Washington Counties. Incorporated in 1985, our mission is to provide unique access to financing and business training to nonprofit organizations, small businesses, and entrepreneurs, in partnership with community minded stakeholders, helping deliver essential services to the economically underserved. Our vision is for a Capital Region where all residents have equitable access to the resources they need to build a sustainable, resilient, and prosperous community.
We provide access to capital by pooling investments and donations from socially concerned individuals and organizations, and re-lending it to nonprofit organizations and small businesses. We also offer training and technical assistance programs for small business owners and nonprofit leaders.
Explore our work and join us in this partnership by becoming an investor, a donor, or a nonprofit or small business borrower – together we are strengthening communities and changing lives.
Our Community Members
“Without the Community Loan Fund, we would not have been able to get construction started. People that were homeless for years and years, now have permanent housing.”
Janine Robitaille
Interfaith Partnership for the Homeless
“Without the Community Loan Fund, we would not still be in business, nor would we have been able to expand to a second location. We truly appreciate being part of this wonderful organization, and look forward to working with the Community Loan Fund for many years to come.”
Jason Wellington
Joyful Beginnings Early Education Center
“The Community Loan Fund made Bliss possible, as they were the first source of funding we acquired. Without their faith in our business, we would not have been able to bring this business to our community.”
Katie Dievendorf
Bliss Juice.Smoothie.Self
“The Community Loan Fund was very patient and helpful during the entire process and helped speed up our process immensely! The staff was always very accommodating and ready to help whenever needed.”
Ruth Randall & Selma Ogresevic
Green Sugar Leaf Farms
Borrower Bios
Joyful Beginnings opens second location to meet childcare demand in Capital Region
Joyful Beginnings Early Education Program is a daycare center built on the premise that every child needs to be nurtured as an individual. The not-for-profit provides care for preschool age children, 91% of whom receive substantial DSS support. In 2019, Joyful Beginnings opened a second location in Waterford with assistance from the Community Loan Fund of the Capital Region.
Cambridge Food Co-op shores up store
The Cambridge Food Co-op has been serving the community since 1978. This year, with help from the Community Loan Fund they were able to tackle some important capital improvement projects and shore up the store for future generations.
Wilbur Session, owner of WJ’s Ultimate Cleaning, makes a clean sweep
Wilbur Session’s company WJ’s Ultimate Industrial Cleaning and Floors has nearly tripled in size since he started it in 2015. With a loan from the Community Loan Fund of the Capital Region, Session was [Read More]
The Bundle Store wraps up natural parenting products, classes, with advice and warmth
The Bundle Store is the Capital District’s first Natural Parenting Store, specializing in natural wellness during and after pregnancy for mom and baby. "When I opened The Bundle Store in 2013 with the help of The Community Loan Fund, my goal was to build an open and casual space that brought awareness to and connected all of the many options of birth and parenting that exist in the Capital Region," says owner Amber Chaves.
Latest News
Keobi Restaurant celebrates one-year anniversary – receives Community Loan Fund grant
Obinna Nwagboso and his wife Kelechi opened their African restaurant Keobi in April 2020, just after the pandemic struck. It was a tough decision for them, Nwagboso says, but they had already come so [Read More]
NBT BANK CONTRIBUTES OVER $19,000 TO LOCAL COMMUNITY ORGANIZATIONS
NBT Bank recently contributed more than $19,000 to support the United Way of the Greater Capital Region, the Regional Food Bank of Northeastern New York and the Community Loan Fund of the Capital Region. [Read More]
Community Loan Fund, Godfrey Financial and Root3d launch financial/wellness workshop: New three-part series navigates financial trauma for women and BIPOC communities
The Community Loan Fund will partner with Godfrey Financial Associates and Root3d to present “Financial/Wellness: Overcoming Financial Trauma, Mapping a Path Forward” a three-part, healing-centered financial education series to help women and BIPOC. This [Read More]
City of Troy Partners with Community Loan Fund to Award $300K in Small Business Grants
TROY, NY – Mayor Patrick Madden today announced the availability of $300,000 in federal grants to assist small businesses in Troy impacted by COVID as part of the Troy Small Business Grant Program. The [Read More]
Workshops & Events
April 2025
9-Week Business Planning Course Sale has ended
June 2025
SEO for Business Owners & Entrepreneurs
How to Grow Your Subscriber Base
Confident Spending: Make Choices You Love
6-Week Childcare Business Development Course
Understanding and Managing Credit
Creating Reasonable Cash Flow Projections
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