LIDC and LISBAC provide a variety of low cost loan programs and free technical assistance to help small businesses and not-for-profit organizations in New York.

Tuesday, November 13, 2018
   

Long Island Development Corporation

Corporate Office:
175 Engineers Road
Suite 200
Hauppauge, New York 11788

Tel: 1-516-433-5000
Fax: 1-516-433-5046
Email: info@lidc.org
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New York State Targeted Loan Fund - Working Capital Loans

NEW YORK STATE TARGETED LOAN FUND

FOR LONG ISLAND BUSINESSES

  • Loans up to $500,000 for small businesses (less than 500 employees) located in Nassau & Suffolk Counties.
  • Fixed rate curretly at 4%, self-amortizing up to 20 years.
  • Manufactures, agricultural, wineries, breweries, commercial fishing related, wholesale or business to business service providers in computer software, computer hardware, bio tech, bio medical, pharmaceutical, electronics, advaced optics, transportation, environmental or energy related technology, project resulting in industrial modernization or innovation in life sciences.
  • Non-retail: NYS Certified minority-owned & NYS Certified woman-owned business.
  • Can combine with, subordinate to conventional or SBA loans.
  • Can be used for working capital, equipment and other business purposes.

For more information, please call:   516 433 5000   biz-loans@lidc.org

 

Sponsored by:    

Empire State Development (NYS) and
US Dept Commerce/Economic Development Administration
                                   




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