The Albany-Colonie Regional Chamber has a number of ways to assist companies in a search for funding. The Chamber will work with you to understand your firm’s requirements and will look at a variety of traditional financing options and Chamber loan programs to match your business needs.
The Chamber offers loans through the following programs:
Micro Loan Programs
$1,000 - $25,000
• Albany Local Development Corporation Fund
• Housing and Urban Development Fund
• Town of Colonie Fund
• Minority- and Women-Owned Business Enterprise Fund
• Minority and Women Revolving Loan Trust Fund
• Capital Business Assistance Fund
Learn More >
Albany County Business Development Corporation
$50,000 - $1,000,000
In addition to the programs listed above, we have a thorough understanding of the banking system and work directly with many of the strongest financial institutions in the area. The Albany-Colonie Regional Chamber also has close relationships with the region’s economic development agencies, such as Capitalize Albany.; Albany County Department for Economic Development, Conservation and Planning; and the Cohoes, Colonie and Green Island Industrial Development Agencies.
Director, Commercial Lending
"The Chamber – if it hadn’t stepped in – Albany’s oldest store (B. Lodge) would have closed and it would have been a shame. I was able to put together a very good loan through the Chamber … and I purchased it (B. Lodge). It was a dream. If I hadn’t gotten the loan and the Chamber hadn’t stepped in and said ‘this is viable,’ Lodge’s would be gone."
- Jack Yonally, B. Lodge