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NY
CDFI Revolving Loan Fund Program
State-backed microloans through participating CDFI lenders.
About this program
State-backed microloans through participating CDFI lenders. Interest rate can range from 3% to 8% depending on lender.
Eligibility
Independently owned NY businesses with 100 or fewer full-time employees; 10% equity contribution required.
Requirements
- Must be a small business located in New York State
- Must be independently owned and operated
- Must employ 100 or fewer full-time persons
Funding Categories
Microloan