Buying A Business
Women & Minorities
types of loans
Conventional, Non-Guaranteed Loan
NYBDC's Micro Loan Program was designed to provide an alternative to credit scoring for smaller loan requests. We recognize that some applications which fail to meet credit scoring models are worthy of consideration, and our staff of trained loan officers reviews each application on a case-by-case basis. if you have been declined financing by a bank, we may be able to help.
$50,000 - $150,000
Fixed rates are tied to Treasury securities from Treasury securities ranging from Treasury plus 270 basis points to 350 basis points. Rates are fixed for a period of three to fifteen years. Variable rates are based on Prime.