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Staten Island Economic Development Corporation Business Loans

Local loan assistance for Staten Island small businesses seeking capital for startup, growth, equipment, or working capital needs.

About this program

The Staten Island Economic Development Corporation provides business loan assistance and financing referrals for Staten Island businesses that need capital to start, stabilize, or expand. SIEDC works with small businesses to connect them with appropriate loan products and lending partners for uses such as working capital, equipment, inventory, leasehold improvements, and business growth. The program is a local access-to-capital resource for Staten Island entrepreneurs that need help navigating financing options.

Eligibility

Small businesses and entrepreneurs operating or planning to operate in Staten Island, New York that need business financing and can complete lender review and documentation requirements.

Requirements

  • Operate or plan to operate a small business in Staten Island
  • Use financing for eligible business purposes such as working capital, equipment, inventory, leasehold improvements, startup costs, or expansion
  • Complete Staten Island Economic Development Corporation intake or referral process