Areas Served: Nassau & Suffolk Counties
The Long Island Small Business Assistance Corp’s Small Business Micro Loan provides businesses in Nassau and Suffolk County, New York with: – Subordinate loans up to $250,000 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 5%! – Can combine with, subordinate to conventional or SBA loans.
– Can be used for working capital, equipment and other business purposes.
Contact InformationLong Island Small Business Assistance Corp
Address: 400 Post Ave
City: Westbury
State: New York
Website:
http://www.lidc.org/index.php?pid=loans-sbml
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