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BLDC Mini-Microenterprise Loan Program
Small-dollar Binghamton loans for microbusinesses with modest capital needs.
About this program
The Binghamton Local Development Corporation Mini-Microenterprise Loan Program offers smaller loans for microbusinesses and entrepreneurs that need modest amounts of capital. The program can help with startup costs, supplies, equipment, inventory, small improvements, or other eligible business needs. It is intended to be accessible to very small businesses that need local financing support and can document repayment ability.
Eligibility
Very small businesses and entrepreneurs in the City of Binghamton with modest eligible business financing needs and repayment capacity.
Requirements
- Operate or plan to operate a microbusiness in the City of Binghamton
- Use funds for eligible small business costs such as startup expenses, supplies, equipment, inventory, or minor improvements
- Submit the required BLDC mini-microenterprise application materials