Credit Inc.

The South Bronx remains relatively unserved by financial institutions. It is the most underbanked borough in New York City, with the lowest ratio of banks per capita. The business landscape of the South Bronx is dominated by small businesses. The demand for business services in the South Bronx remains high. But despite the income statistics and the paucity of services from the traditional banking system, the South Bronx has a growing small business community, owned/operated primarily by minority individuals from the local community. For the past ten years local residents have been starting and operating small businesses in record numbers.

Established in 1994, CREDIT Inc. is a certified Community Development Financial Institution (CDFI) with a mission to bring innovative financial products and services to South Bronx small businesses. Through CREDIT Inc. SoBRO provides business loans and technical assistance to qualifying small businesses.


SoBRO’s mission is to enhance the quality of life in the South Bronx by strengthening businesses and creating innovative economic, housing, educational, and career development programs for youth and adults.

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SoBRO is a registered 501(c) (3) nonprofit organization. All donations are tax deductible in full or in part.

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Contact Us

  • 718-292-3113

Auxiliary aids and services are available upon request to individuals with disabilities.

© 2014 South Bronx Overall Economic Development Corporation. SoBRO is registered trademark in the United States of America.
SoBRO is an equal opportunity employer/program.