At a glance
From its website, read 2 Nov 2026Business Consortium Fund, Inc. is a loan fund based in New York, New York. Its website describes small-business loans. Stated loan amounts run from $25,000 to $350,000. Where it lends: Small businesses across the United States. You can start an application online.
Each point is backed by a quote further down this page. Terms change: confirm with the lender.
How to reach them and apply
| Apply online | Page with the application link |
|---|---|
| Website | www.bcfcapital.com |
| Office (official list) | 1350 Avenue of the Americas, 3rd floor, room 356, New York, NY 10105 |
What their website says about applying
You can submit your loan application and required documentations online at your convenience.
sourceMost Recent Business Tax Returns
source
Phone numbers and addresses are the ones on the lender's own site and the CDFI Fund list. CDFI Atlas does not take applications.
Rates and terms they state
Read 2 Nov 2026| Loan | Stated | Text on the lender's site (verbatim) | Page |
|---|---|---|---|
| Small-business loans | Term: up to 5 yr | BCF offers business term loans starting from $25,000 to $350,000, with repayment terms of up to 60 months for new borrowers. | source |
As published on the lender's website on that date, not an offer or a quote. Your rate depends on the lender's review. A missing rate means the pages we read did not state one. For consumer loans we repeat a rate only when the lender states it as an APR (annual percentage rate, which includes fees); otherwise read the lender's own wording and ask for the APR.
Who qualifies, in their words
- Minimum credit score: 600
600 personal credit score
source
Only rules the lender's own pages state. Other requirements may apply.
Official record
CDFI Fund list, 21 Oct 2026| Institution type | Loan fund |
|---|---|
| Native CDFI | No |
| Date certified (as listed) | 23 May 2014 |
| RSSD ID | — (none listed) |
| Address | 1350 Avenue of the Americas, 3rd floor, room 356, New York, NY 10105 Directions (Google Maps) |
| Website | www.bcfcapital.com |
Head officeBranch or officeApproximate (ZIP code area)
Map data © OpenStreetMap contributors, © OpenMapTiles, tiles OpenFreeMap. Head-office points: U.S. Census Bureau geocoder.
Loans and eligibility
Verified from lender site on 2 Nov 2026Read from 7 pages of the lender's website on 2 Nov 2026. Quotes are verbatim. Extracted with AI help from the pages listed below and checked automatically against them. Not reviewed by a person. Confidence: high. The Term Loan and Line of Credit pages are fetched; the closing cost grant is not a loan product and is excluded. Terms change — confirm with the lender before applying.
| Product | Amount stated | Text on the lender's site (verbatim, incl. menu labels) | Page |
|---|---|---|---|
| Small-business loans | — | Business Term Loan • Receive funds as a one-time lump sum for larger investments in your business | source |
Loan sizes
BCF offers business term loans starting from $25,000 to $350,000, with repayment terms of up to 60 months for new borrowers.
sourceBCF offers business lines of credit ranging from $100,000 to $350,000, renewable annually, for new borrowers.
source
Range used for the size filter: $25,000 to $350,000
Service area
Small businesses across the United States
Our Work Founded in 1985, the Business Consortium Fund, Inc. (BCF) exists to expand capital access for small businesses across the United States
source
Borrower focus
- Not stated on the pages we read.
Languages
- No non-English service found on the pages we read.
Online application
Yes — the site links to an application. Applying online is fast, easy, and does not impact your credit score.
source
Pages read (7)
- https://bcfcapital.com/
- https://bcfcapital.com/business-loans/
- https://bcfcapital.com/business-loans/crp.html
- https://bcfcapital.com/business-loans/closingcostgrant.html
- https://bcfcapital.gatewayportal.com/
- https://bcfcapital.com/business-loans/term-loan.html
- https://bcfcapital.com/business-loans/line-of-credit.html
Questions to ask when you contact them
Based on what their website said when we read it on 2 Nov 2026, and what it left out. Something missing here does not mean they don't offer it: ask.
- What interest rate and fees should I expect on your small-business loans?
Their website does not state a rate for this. - Do you need collateral, a business plan or a minimum time in business?
Their website does not say what they require. - Do you offer free coaching or help preparing my application?
CDFI certification requires development services, such as training or advice, alongside lending. - What documents will you need from me, and how long does a decision usually take?
Their website describes some application steps (above); ask for the full document list.
Write down the answers, who you spoke to and the date, and ask for the terms in writing before you sign.
Size of the fund (IRS Form 990)
Fiscal year ending Dec 2023| Total assets | $8.1M |
|---|---|
| Total liabilities | $3.8M |
| Net assets | $4.2M |
| Total revenue | $2M |
| Notes and loans receivable, net (Part X line 7) | $3.2M |
End-of-year figures from the Form 990 this organisation filed with the IRS for the fiscal year ending December 2023 (tax year 2023; EIN 13-3407599, filed as “BUSINESS CONSORTIUM FUND INC”), taken from the IRS Annual Extract of Tax-Exempt Organization Financial Data (returns processed in 2024). Figures are self-reported to the IRS, not audited by us, and lag one to two years behind today. The lender’s own annual report may show newer numbers. This organisation’s filings on ProPublica Nonprofit Explorer
Filings over time
| Fiscal year ending | Total assets | Net assets | Revenue | Notes and loans receivable |
|---|---|---|---|---|
| Dec 2021 (990) | $4.4M | $3.9M | $1.6M | — |
| Dec 2022 (990) | $5.4M | $4.3M | $1.6M | $2.3M |
| Dec 2023 (990) | $8.1M | $4.2M | $2M | $3.2M |
Total assets grew 83% from Dec 2021 to Dec 2023. One row per fiscal year in the IRS extracts of returns processed in 2022, 2023, 2024; “—” = the line was empty or zero on that return (a fund can book its loans on other lines).
How it compares
Computed from public data| Measure | This lender | Compared with |
|---|---|---|
| Largest loan its website states | $350,000 | Other loan funds whose website states a maximum: median $250,000. Higher than the stated maximum of 53% of these 184. |
| Total assets, latest IRS Form 990 | $8.1M | Larger than 36% of the 39 other certified loan funds and venture funds in New York with a matched Form 990 (median $16.2M). |
How these comparisons were worked out
| Measure | Peer group (this lender left out) | Peers | Where this lender sits |
|---|---|---|---|
| Largest stated loan | other loan funds stating a maximum, nationwide | 184 | higher than 53% |
| Form 990 total assets | certified loan and venture funds with a Form 990, in New York | 39 | larger than 36% |
“Larger than X%” = the share of the peer group with a smaller value. Ranks count from the largest. Peer groups use the lender's home state when it has at least 5 peers, otherwise the whole country. Full definitions: methodology.
For comparison, not an offer and not a rating. Past records show what this lender did, not what you would be offered. Peer groups and sources: methodology. Form 990 figures: IRS annual extracts (see the Form 990 section).
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