Business financing can be challenging no matter what stage you are in with your business. SBIDC will help you secure the financing you need whether you are looking to start a business or expand on an established one, or purchase new equipment.
Our team has established relationships with both traditional and nontraditional lenders. We can direct you to a lender that fits your business needs. From Small Business Administration (SBA) loans to term loans and lines of credit, SBIDC can help you find the right fit. We can also help package your loan application to save you time and money.
To learn more about our financing assistance, contact Michelle Saenz, our Business Services Manager, at firstname.lastname@example.org or 718-965-3100 ext. 106.
NEW 3% LOAN OPPORTUNITY
Funding Brooklyn Businesses: SBIDC Partnership Brings 3% Working Capital Loan Program
SBIDC is pleased to partner with UCEDC to offer up to $25,000 of working capital at 3% fixed for five years with no collateral requirements. Thanks to a grant from Investors Bank, this below-prime rate is available to borrowers with established & profitable operations and good personal credit.
UCEDC is a nonprofit economic development corporation and certified SBA lender serving New York, New Jersey, and Pennsylvania. Their mission is to provide small businesses with financing options to help them start, grow, and thrive.
Funds can be used for almost any business purpose, including paying down more expensive debt, covering expenses during seasonal slowdowns, or gearing up for busy periods.
To learn more about the 3% working capital loan program and begin a streamlined application, visit UCEDC’s website at www.ucedc.com/brooklyn-loan or to speak with an SBIDC representative, contact Michelle Saenz, Business Services Manager at 718-965-3100 x 106 or email@example.com
For a quick snap shot of the program, check out this sbidc-ucedc-loan-one-pager.