Richmond Hill businesses line Jamaica, Atlantic and Liberty Avenues, serving some of Queens' most distinct communities. Working capital helps restaurants, shops and contractors cover costs that arrive before sales do.
Apply Now →Richmond Hill sits in southwestern Queens, bordered by Kew Gardens and Forest Park to the north, Jamaica and South Jamaica to the east, South Ozone Park to the south and Woodhaven and Ozone Park to the west. Its main commercial streets are Jamaica Avenue, Atlantic Avenue and Liberty Avenue, and the Long Island Rail Road’s Montauk Branch runs freight diagonally through it. Many residents own homes, with some renting in small apartment buildings.
The area south of Atlantic Avenue is known as Little Guyana, for its large Indo-Caribbean population, and as Little Punjab for its large Punjabi population. Shops, restaurants and services here are often built around specific communities, which makes repeat trade strong and also makes each business sensitive to its own customers’ calendar.
Food costs, rent and payroll are paid weekly or monthly, but sales spike around holidays and community events and dip in between. Stocking up for a peak means paying suppliers first.
A shop on one of the avenues buys seasonal stock ahead of demand. A slow month leaves the shelves full and the rent due.
Home renovation, repair and trade crews serve a neighborhood of owner-occupied houses. Jobs are paid on completion, so materials and labor are fronted. We do not promise funding for residential remodeling, and your own statements are what get reviewed.
Jamaica Avenue, Atlantic Avenue and Liberty Avenue each have a different feel, and an owner on one may face very different costs than an owner on another. What they share is that rent and wholesale bills rarely flex when a month is slow. A neighborhood known for tight-knit communities and strong word of mouth is a good place to run a small business, but referrals build slowly and a single bad month can take a while to recover from.
That is why many owners treat working capital as a planning tool rather than an emergency one: use it to buy ahead for a known busy period, to repair a key piece of equipment before it fails, or to hire a person for the upcoming rush.
Before applying, it helps to look at when cash leaves your account and when it comes back. A few questions worth asking:
Funding makes the most sense when it targets a specific gap you can name, rather than general cushion.
We fund $25,000 to $5,000,000, with funding in as little as 24 hours. We consider FICO 500+ and typically review about three months of business bank statements. No tax returns are required. The application takes about five minutes with a soft credit pull, and sole proprietors can apply. The application page is the place to begin.
Which street you are on is not a qualifying factor. We review business bank statements.
Uneven sales are normal in food service. Statements show how deposits and costs move through the account.
Contractors can apply, and we review statements case by case. We do not promise funding for residential remodeling.
Yes. Sole proprietors can apply.
No. We typically ask for about three months of business bank statements.
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
