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NY
New York State Linked Deposit Program (LINC) — Health Businesses
Reduces interest rates on business loans for New York health and wellness businesses by having the state place deposits with participating lenders at below-market rates.
About this program
Visit the program website for full details.
Eligibility
Existing New York State-based health and wellness businesses seeking financing through a participating commercial bank or financial institution. Outstanding LINC loans may not exceed $6 million.
Requirements
- Business must be located in New York State
- Apply through a participating lender
- Total LINC loans outstanding may not exceed $6 million per business