Business Loans and Economic Development

Where smart businesses go for low cost loans!
5% APR up to $500,000

Tuesday, September 26, 2023
   

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
Up Coming Events...
New York State Targeted Loan Fund - Working Capital Loans

 

NYS Targeted Loans

 

 

NEW YORK STATE TARGETED LOAN FUND

FOR BUSINESSES LOCATED IN NASSAU & SUFFOLK COUNTIES

  • Loans up to $500,000 for small businesses located in Nassau & Suffolk Counties. Fixed rate currently at 5%, self-amortizing 5-10 years.
  • Manufactures, agricultural, aquaculture, wineries, breweries, commercial fisheries, wholesale or business to business, transportation, computer software, computer hardware, bio tech, bio medical, pharmaceutical, electronics, advanced optics, environmental or energy related technology, project resulting in industrial modernization or innovation in life sciences.
  • NYS Certified Minority-Owned & NYS Certified Woman-Owned business should apply.
  • Can be used for working capital, equipment & other non-retail business needs.

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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