Rob Walsh, Adrian Harris, Bronx Borough President Vanessa L. Gibson and Rafael Roger at Ponce Bank on Westchester Avenue when the $35 million in public funds from the New York State Comptroller’s Office were presented.
Photo courtesy of BXEDC
Ponce Bank is a community bank founded in the Bronx that offers many useful tools to business owners. He New York Entrepreneurship Corporation is aware of this due to our relationship with the Bank; our efforts to boost small businesses and the financial sector
The well-being of their owners is very similar to theirs.
But what Ponce can do for you is special. The Bank offers programs such as the Small Business Bootcamp, which is designed to educate people in certain areas, including the Bronx, on topics such as banking, accounting, credit reporting and more. This knowledge is crucial if you want to get a loan from BICNY or the Bronx Economic Development Corporation.
Plus, Ponce wants to help you prosper in the future, not just in your business. They can help you create a succession plan for your business with your family in mind, as well as help you build generational wealth.
Ponce is being recognized as a great resource not only by our company, but also by the financial powers that be. Community District 9, which includes Bronx River, castle hill, Clason Point, Harding Park, ParkchesterStratton Park, sound viewSound view-bruckner and Union Portwas recently named a Banking Development District (BDD), a program run by the Department of Financial Services. As part of the program, the New York State Comptroller Thomas Di Napoli donated $35 million in public funds to Ponce Bank’s Westchester Avenue location to increase access to financial services and ensure the bank’s location provides the services the community needs.
The government may be putting money in the bank, but you don’t have to. Their online webinars are completely free, whether you are a bank account holder or not. They also have programming in Spanish.
If you are interested in any of Ponce Bank’s online financial mastery programs, visit poncebank.com and explore the options under the “Financial Domain” tab.
Rafael Roger is the vice president of the Business Initiative Corporation of New York. If you are interested in applying for a loan for your small business, please email lends@bicofny.org.