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NY

New York State Linked Deposit Program (LINC) — Transport

Reduces interest rates on loans for New York transportation and logistics 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 transportation and logistics businesses seeking financing through a participating commercial bank or financial institution.

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