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BLDC Revolving Loan Fund
City of Binghamton revolving loan financing for business expansion, working capital, equipment, and job creation.
About this program
The Binghamton Local Development Corporation Revolving Loan Fund provides financing to businesses undertaking eligible projects in the City of Binghamton. Loans can support business expansion, fixed assets, machinery and equipment, inventory, working capital, leasehold improvements, and other eligible costs tied to local economic development. The program is designed to fill financing gaps and support projects that strengthen the Binghamton economy.
Eligibility
Businesses located in or moving to the City of Binghamton with eligible project costs, repayment capacity, and economic development benefits.
Requirements
- Operate or propose a business project in the City of Binghamton
- Use funds for eligible business purposes such as working capital, equipment, inventory, fixed assets, leasehold improvements, or expansion
- Submit a BLDC loan application