At a glance
From its website, read 2 Nov 2026Corporacion Para El Financiamiento Empresarial Del Comercio Y De Las Comunidades (COFECC) is a loan fund based in San Juan, Puerto Rico. Its website describes microloans, SBA-backed loans and small-business loans. Stated loan amounts run from $500 to $5.5M. It serves borrowers in Spanish.
Each point is backed by a quote further down this page. Terms change: confirm with the lender.
How to reach them and apply
| Main | (787) 756-5080 source |
|---|---|
| Phone | (787) 756-5082 source |
| Website | www.cofecc.net |
| Office (official list) | PO Box 191791, San Juan, PR 00919 |
What their website says about applying
Comienza por llenar algunos detalles sobre tu negocio, ideas y aspiraciones.
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.
Official record
CDFI Fund list, 21 Oct 2026| Institution type | Loan fund |
|---|---|
| Native CDFI | No |
| Date certified (as listed) | 8 Oct 2026 |
| RSSD ID | — (none listed) |
| Address | PO Box 191791, San Juan, PR 00919 |
| Website | www.cofecc.net |
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 2 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. Terms change — confirm with the lender before applying.
| Product | Amount stated | Text on the lender's site (verbatim, incl. menu labels) | Page |
|---|---|---|---|
| Microloans | $500 – $50,000 | Préstamos desde $500 hasta $50,000 sin aportación de capital por parte del cliente. | source |
| SBA-backed loans (7(a)/504/Community Advantage) | $125,000 – $5.5M | Préstamos desde $125,000 hasta $5,500,000, en participación con la banca privada. | source |
| Small-business loans | from $3,000 | Prestamos desde $3,000 a negocios nuevos o ya establecidos, ubicados en áreas rurales. | source |
Loan sizes
Préstamos desde $500 hasta $50,000 sin aportación de capital por parte del cliente.
sourcePréstamos desde $125,000 hasta $5,500,000, en participación con la banca privada.
sourcePrestamos desde $3,000 a negocios nuevos o ya establecidos, ubicados en áreas rurales.
sourceLa cantidad máxima a solicitar es de $15,000.
source
Range used for the size filter: $500 to $5.5M
Service area
Not stated on the pages we read.
Borrower focus
- Low- and moderate-income / underserved
COFECC es también recipiente de fondos del Department of Health & Human Services para lanzar un programa de micropréstamos a mujeres de bajos ingresos en Puerto Rico.
source - Rural
Prestamos desde $3,000 a negocios nuevos o ya establecidos, ubicados en áreas rurales.
source - Veterans
Si eres veterano, obtienes un 50% de descuento en los cargos por originación para un Préstamo Microloan de SBA o para un Préstamo 504 de SBA.
source - Women
COFECC es también recipiente de fondos del Department of Health & Human Services para lanzar un programa de micropréstamos a mujeres de bajos ingresos en Puerto Rico.
source
Languages
- Spanish
Nuestra misión es promover, facilitar y ejecutar el desarrollo económico, la revitalización de las comunidades
source
Online application
No online application link found on the pages we read.
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.
- Do you lend where I live, or where my business is?
Their website does not say which area they serve. - What interest rate and fees should I expect on your microloans and SBA-backed 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. - How long can I take to repay?
No repayment terms are stated on their website. - Can I apply online, or do I need to call or visit?
We found no online application on their website. - 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.
CDFI Fund awards
CDFI Fund database, 3 Nov 2026$1.9 million in 3 awards from the U.S. Treasury's CDFI Fund, 2009–2022 (CDFI Equitable Recovery Program; CDFI Program, Financial Assistance).
| Round year | Program | Amount |
|---|---|---|
| 2022 | CDFI Equitable Recovery Program | $500,000 |
| 2018 | CDFI Program, Financial Assistance | $450,000 |
| 2009 | CDFI Program, Financial Assistance | $1,000,000 |
These are awards and investments made to the institution itself to build its capital and capacity. They are not loans to borrowers, and an award does not mean the lender has money available for a particular loan today.
Source: CDFI Fund Searchable Awards Database, all 12,628 award records (1996–2025), read 3 Nov 2026. Years are the award round as the database lists it. Matched to the official CDFI list by exact name and state; see the method on the About page.
Size of the fund (IRS Form 990)
Fiscal year ending Jun 2024| Total assets | $7.2M |
|---|---|
| Total liabilities | $4.1M |
| Net assets | $3.1M |
| Total revenue | $1.4M |
| Notes and loans receivable, net (Part X line 7) | $2.9M |
End-of-year figures from the Form 990 this organisation filed with the IRS for the fiscal year ending June 2024 (tax year 2023; EIN 66-0398333, filed as “CORPORACION PARA EL FINANCIAMIENTO EMPRESARIAL DEL COMERCIO Y DE LAS”), 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 |
|---|---|---|---|---|
| Jun 2020 (990) | $4.4M | $2.6M | $1.3M | $2.1M |
| Jun 2021 (990) | $4.6M | $2.7M | $874,892 | $2M |
| Jun 2022 (990) | $5.3M | $2.8M | $779,991 | $1.9M |
| Jun 2023 (990) | $6.3M | $2.9M | $1.2M | $2.3M |
| Jun 2024 (990) | $7.2M | $3.1M | $1.4M | $2.9M |
Total assets grew 64% from Jun 2020 to Jun 2024; notes and loans receivable rose 42%. 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 |
|---|---|---|
| Median SBA 7(a) loan it approved, FY2020–FY2026 | $112,350 (16 loans) | All 7(a) lenders in Puerto Rico: $75,000. Larger than the median loan of 25% of the 97 other certified CDFIs with 10 or more 7(a) loans. |
| SBA approvals, FY2023–24 → FY2025–26 | 70 → 37 | Rank among the 9 certified CDFIs in Puerto Rico with SBA approvals in either period: 1 → 1. |
| Largest loan its website states | $5.5M | Other loan funds whose website states a maximum: median $250,000. Higher than the stated maximum of 89% of these 184. |
| Total assets, latest IRS Form 990 | $7.2M | Larger than 31% of the 449 other certified loan funds and venture funds nationwide with a matched Form 990 (median $15.6M). |
How these comparisons were worked out
| Measure | Peer group (this lender left out) | Peers | Where this lender sits |
|---|---|---|---|
| Median SBA 7(a) loan | certified CDFIs with 10+ 7(a) loans, nationwide | 97 | larger than 25% |
| SBA approvals then vs now | certified CDFIs in Puerto Rico with SBA approvals FY2023–2026 | 8 | rank 1 → 1 of 9 |
| Largest stated loan | other loan funds stating a maximum, nationwide | 184 | higher than 89% |
| Form 990 total assets | certified loan and venture funds with a Form 990, nationwide | 449 | larger than 31% |
“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; your rate depends on the loan and on the lender's review. Peer groups and sources: methodology. SBA 7(a) & 504 FOIA data as of 30 Sep 2026. Form 990 figures: IRS annual extracts (see the Form 990 section).
SBA loans approved
SBA data as of 30 Sep 2026The SBA's public loan data lists 152 SBA-backed approvals for Corporacion Para El Financiamiento Empresarial Del Comercio Y De Las Comunidades (COFECC) in fiscal years 2020–2026 (October 2019 to September 2026):
- 16 7(a) loans as the lender: $1.7M in total (gross amount approved), median $112,350
- 136 504 loans as the Certified Development Company (CDC): $52.3M in total (CDC (SBA-backed) portion approved), median $232,000
By fiscal year: FY2020 19 · FY2021 14 · FY2022 12 · FY2023 35 · FY2024 35 · FY2025 27 · FY2026 10.
What actually happened
- Size of its 7(a) loans: half were between $93,475 and $129,800, median $112,350 (16 loans)
- Size of its 504 loans (the CDC's SBA-backed portion): half were between $130,500 and $494,750, median $232,000 (136 loans)
- Term of its 7(a) loans: median 150 months (12 years) (16 loans)
- Term of its 504 loans (the CDC's SBA-backed portion): median 240 months (20 years) (136 loans)
- Fixed or variable: 100% of its 7(a) loans had a fixed rate (16 loans)
- Young businesses: 67% of its 7(a) loans went to a startup or a business two years old or less (15 loans with an answer)
Descriptive only: what the SBA file records for loans this lender approved in fiscal years 2020–2026. Each figure covers at least 10 loans; with fewer we show nothing. It is not an offer, not the rate or term you would get, and says nothing about your chance of approval.
By program
- 504 loans (as the Certified Development Company) (136, 89%)
- 7(a) Community Advantage (10, 7%)
- 7(a) standard (6, 4%)
Borrower industries
NAICS sector, 3 or more loans.
- Health care and social assistance (35)
- Retail trade (24)
- Accommodation and food services (24)
- Manufacturing (21)
- Other services (except public administration) (16)
Where borrowers are
County of the borrower's ZIP code, 3 or more loans.
- San Juan municipio, PR (38)
- Bayamon municipio, PR (15)
- Ponce municipio, PR (12)
- Toa Baja municipio, PR (6)
- Aguadilla municipio, PR (6)
- Caguas municipio, PR (6)
- Mayaguez municipio, PR (5)
- Isabela municipio, PR (4)
- Guaynabo municipio, PR (4)
- Dorado municipio, PR (3)
- Rincon municipio, PR (3)
- Las Piedras municipio, PR (3)
How this lender was matched in the SBA files: SBA CDC ID 0188120: same organisation by name and state, checked by hand (SBA lists “Corp. Financiamiento Empresarial del Comercio y Comunidades (COFECC)”); SBA lender ID 0188120: same organisation by name and state, checked by hand (SBA lists “Corp. Financiamiento Empresarial del Comercio y Comunidades (COFECC)”).
Approved is not the same as paid out: an approved loan can be reduced or never drawn. SBA lists the lender each loan is currently assigned to, which can differ after a merger or loan sale. Corporacion Para El Financiamiento Empresarial Del Comercio Y De Las Comunidades (COFECC) may also make loans outside SBA programs, which are not counted here, and SBA Microloans are not in these files. For 504 projects, the CDC amount is the SBA-backed portion and the third-party lender amount is that lender's own first-lien loan.
Source: U.S. Small Business Administration, 7(a) & 504 FOIA loan data, files as of 30 Sep 2026, downloaded 3 Nov 2026. Our counts, cancelled approvals left out. How we match lenders.
Other certified CDFIs in San Juan and Puerto Rico
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- COOPERATIVA DE AHORRO Y CREDITO ANA G. MENDEZCredit union · San Juan, PROfficial list only
- Cooperativa de Ahorro y Credito Autoridad de Carreteras y Obras PublicasCredit union · San Juan, PRPersonal / consumer loansVerified
- Cooperativa de Ahorro y Credito Centro Gubernamental Minillas (Gubecoop)Credit union · San Juan, PRAuto / vehicle loans, Energy / solar / efficiency loans, Home mortgages, Personal / consumer loansVerified
Work at Corporacion Para El Financiamiento Empresarial Del Comercio Y De Las Comunidades (COFECC)? Link to this page
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