Joe Landy, Commercial Loan Specialist
Cap Region Chamber
Ph: (518) 431-1423
5 Computer Dr So
Albany NY 12205
306 State St
Schenectady NY 12305
Incorporated in 1985, the community controlled Loan Fund works to provide equitable access to capital and economic opportunity. It does this by pooling investments and donations from concerned individuals and organizations and re-lending it to non-profit organizations for housing and community improvement and to micro enterprises for business development.
Specialties:Minority and Women Owned Businesses. Non-profit Organizations.
Joseph Landy is currently the Director of Commercial Lending for the Capital Region Chamber of Commerce. He manages the $19 million Al Tech loan Fund which is used to create and retain jobs in Albany County. The Capital Region Chamber of Commerce is the agent for the Albany County Business Development Corporation which administers the Al Tech Trust Fund. The resulting impact to the local business community since the inception of the fund has been outstanding. Since 1994 alone, the fund has helped create more than 1,235 jobs and retained more than 1,927 jobs. In that same time period, the Al Tech Trust Fund has funded 140 loans for more than $28 million and has been a part of more than $110 million in economic growth projects in Albany County.
Joe also manages six smaller microenterprise loan funds. He has over ten years of alternative lending experience making small business loans to demographics underserved by banks, such as women-owned businesses, minority-owned businesses and business run by persons of low-income. Prior to that, Joe spent nine years working as a Specialist Clerk on the floor of the New York Stock Exchange conducting verbal securities auctions.
Joe is an active supporter of a variety of non-profits, most notably the Brave Will Foundation providing services and support for children with life-threatening illnesses and their families until a cure can be found. The foundation strives to take a family-centered approach to all aspects of palliative care and ensure that the needs of the child and his/her family are being met throughout all stages of care.