New York City's three new gaming destinations — Bally's Bronx, Hard Rock Metropolitan Park, and Resorts World New York City — represent one of the largest concentrations of private development investment in the city's history, creating an extraordinary opportunity for small businesses to participate in major contracts across construction, electrical, mechanical, technology, security, hospitality, and more. But winning the contract is only the beginning. For many established small businesses, the real barrier isn't capability — it's working capital. A company can have the experience and crews to execute a multimillion-dollar contract and still need to fund payroll, materials, and mobilization weeks before its first payment arrives. That gap widens as a business wins more work, and traditional financing rarely moves at the speed the opportunity demands.
A Generational Opportunity for New York Businesses
We're a tech-enabled financial services company that helps established, growth-ready small businesses access working capital to perform, scale, and compete for major contracts. Through receivables-backed and project-specific financing, Scarlet Cord is being built to fund what it takes to deliver — mobilization, payroll, materials, equipment, supplier payments, and approved receivables — so a 60- to 90-day payment cycle doesn't determine how much work a company can take on.
New York has set an ambitious small business participation goal for the casino build-out, and each project has committed to supplier diversity and workforce development. That makes this build-out a powerful starting point for the Scarlet Cord model — but access to contracts is only half the equation. Access to capital is what turns a single contract into a platform for lasting growth.
Scarlet Cord was built to close that gap.
Connecting opportunity to capital. Creating a pathway from promise to performance.
Ready to grow?
If your business is pursuing or has secured a contract connected to one of New York's major development projects, we want to learn more about your company and your capital needs.
