Nov 04 2024 15 mins
A 2024 Goldman Sachs survey found that 77% of small businesses were concerned about their ability to access capital. In addition, in 2023, a majority of small business owners had to tap into their personal funds or use cash reserves to maintain operations. The Bronx Economic Development Corporation (BXEDC) is trying to alleviate some of those concerns for small business owners by offering low-interest loans, tailor made for small and mid-sized businesses operating in, or moving to, The Bronx. Our guests are Rob Walsh, President of The Bronx Economic Development Corporation, and Britney Moss, Founder of Cupcake Me!, a client of BXEDC. For more, visit BXEDC.org and cupcakemenyc.com.