Greenwich Village has cafes, restaurants and independent shops packed into a few dozen blocks, with two universities and a famous park as foot-traffic anchors.
Apply Now →Greenwich Village, or simply the Village, is a neighborhood on the west side of Lower Manhattan, bounded by 14th Street to the north, Broadway to the east, Houston Street to the south and the Hudson River to the west. Its name comes from Groenwijck, Dutch for Green District. It includes subsections such as the West Village and the Meatpacking District in the northwest corner, and it is home to Washington Square Park and two private colleges, New York University and The New School.
In the 20th century it was known as an artists' haven and a bohemian capital. Today that heritage shows up as independent cafes, restaurants, bookstores and boutiques.
Subsections matter too. The West Village, the Meatpacking District and the blocks around Washington Square each draw a slightly different crowd, so two businesses a few blocks apart can have quite different traffic patterns.
A business near Washington Square Park or one of the universities depends on pedestrians, and pedestrian patterns follow the academic calendar, the weather and the day of the week. Summer break, winter break and exam periods change how many people are on the street. An independent cafe may see a steady lunch crowd for most of the year and a thin August.
| Use | Why it comes up |
|---|---|
| Kitchen and cafe equipment | Espresso, refrigeration and ventilation fail without notice |
| Slow-season payroll | Keeping staff through the summer lull |
| Renovation or refresh | A closure costs revenue while work is done |
| Inventory for boutiques | Stock must be bought well before the season |
If your customers include students, faculty or staff of the nearby universities, your deposits will move with the academic calendar. Look at your statements in the weeks around the start of a semester and around its end. If the lull is predictable, treat it like a seasonal gap and size your request accordingly. Working capital can carry payroll through the lull, so that you reopen in the fall with the same team that served your customers in the spring.
Funding runs from $25,000 to $5,000,000, and businesses that are approved can be funded in as little as 24 hours. FICO 500+ is considered. We ask for about three months of business bank statements and do not require tax returns. The application takes about five minutes and uses a soft credit pull. Sole proprietors can apply.
Owners in the East Village, Chelsea and the Lower East Side use the same application.
Three months of statements show your recent deposits; consider applying with your slow season in mind and size the request to cover it.
Yes. Inventory purchases are a common use of working capital.
No, tax returns are not required.
Yes, sole proprietors can apply.
Three months of business bank statements and a 5-minute application. FICO 500+ considered. $25,000 to $5,000,000, funded in as little as 24 hours.
Apply Now →It takes about two minutes and it will not affect your credit score.
No obligation • No impact to your credit score
