NEW YORK STATE TARGETED LOAN FUND
FOR LONG ISLAND BUSINESSES
- Subordinate loans up to $500,000 available for small businesses (less than 500 employees) in Nassau and Suffolk Counties - manufacturers, non retail minority or woman owned, non retail in NYS empire zones, commercial fishing related, wholesale or business to business service providers in computer software/hardware, bio medical, pharmaceutical, bio tech, electronics, advanced optics, transportation or energy related technology and other targeted industries.
- Fixed rate, self amortizing up to 20 years-currently fixed at 4%!
- 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 email@example.com
Empire State Development (NYS) and
US Dept Commerce/Economic Development Administration