These funds are available to local businesses located in Nassau County, Suffolk County, Queens and Brooklyn (Other NYS locals are taken into consideration)
P.O.W.E.R. Technology Loan
Up to $3,000
Interest Rate: 0%
Term: 36 Months
Qualifying Conditions
- Must be a women-owned business
- Loan must be used for Technology
- Must enroll in free training program
Entrepreneurs of Color Fund Loan
Up to $40,000
Interest Rate: 3 – 6%
Term: 36 Months P & I Payments
Qualifying Conditions
Business owner must be:
- (African-American, Asian, Latin X, Native-American)
- With less than $1 Million in revenue
- Business must be in operation since September 2019
Microloans
Up to $50,000
Interest Rate: 3 – 8%
Term: 2 – 7 Years
Qualifying Conditions
- 3 Months in Business
- Minority or Woman owned Business
- No liens of judgements
- Cash flow is positive or break-even
- Supplemental household income
Small Business Solution 