LIDC has lent over $750 million in direct loans and leveraged an additional $2.5 billion in loans for small businesses. LIDC operates one of the most successful SBA 504 Certified Development Companies in the nation, providing below prime fixed rate, low down payment, long term SBA 504 second mortgage loans to help small businesses buy and build buildings, condos, coops and machinery. LIDC also provides low fixed rate second mortgages for not-for-profits and businesses which cannot use SBA 504. LIDC's loans are available throughout NYS, NJ and Connecticut.
Financing Assures Restaurant Tradition on LI’s South Fork
   
        Big Fish Inc. dba SEN Restaurant is a casual fine dining establishment that focuses on high-end Japanese fare. In business for over 15 years, it has consistently been rated one of the better restaurants of its type on the South Fork of LI. In the last ten years, the business has doubled in size and seen a transition of ownership between generations. MORE  

145 Year Old Company
Expands with Help of
Innovative New Loan Fund


 Sentinel Printing Co. is an example of a long standing small business which has undergone numerous transitions and changes to become the successful business it is today. The company traces its roots to 1858 when a local resident opened a print shop in Hempstead and started to publish a weekly paper called the Queens County Sentinel. MORE


Are you a small business or not-for-profit organization looking to buy your own facility? LIDC can make it happen with affordable low cost, low downpayment, fixed rate, long term financing:

 SBA 504 Small Business Loans
New Market Loan Fund
Small Business & Not-For-Profit Loans
OTHER LOAN PROGRAMS
L.l. Targeted Industry Loan Fund
Working Capital for Targeted Industries
Hempstead Town Small Business Loans
Loans for Businesses in Hempstead Town
Hempstead Village Small Business Loans.
Loans for Businesses in Hempstead Village
L.I. Small Business Assistance Corp.
Micro Loans for Women Owned Businesses
  BUSINESS ASSISTANCE

PTAP

 Doing business with government
agencies and large corporations
Long Island Development Corporation
45 Seaman Ave, Bethpage, NY 11714
866 433-5432    fax 516 433-5046
Contact Us: info@LIDC.org

Family Business Thrives and Expands Commitment to Long Island

  The Thomas Dodge Family of companies is an example of a family business which has made a significant commitment to Long Island, to growing and thriving here - proving that entrepreneurial success is still a viable Long Island activity. Now expanding for the third time, the Thomas Dodge Family started some 17+ years ago with the Thomas Dodge Corp. of NY, a Dodge, Subaru and Suzuki dealer in Port Jefferson Station. MORE  

LIDC Provides Small Business & Not-For-Profit Loans in
NY, NJ & Connecticut

Click For More Information
The LIDC family includes GNYDC Check us out at
www.gnydc.org

LIDC's 2nd Annual Golf Outing
LIDC's 2nd Annual Golf Outing" honoring John DeFranza, LIDC First VP and Northeast Credit Solution Market Executive for Bank of America to be held Monday, May 19th, 2008 at the Hamlet Golf & Country Club, Commack, NY TO REGISTER
LIDC AWARDS BREAKFAST

LIDC presented its 10th Annual Awards honoring contributors to long Island's economic development at a breakfast November 14th, 2007 at the Woodlands, at the Oyster Bay Golf Course.
This is the event where those who have been instrumental in assisting LIDC in the success of small business and the economic development of Long Island receive awards for their outstanding service.
See a list of winners HERE
See slideshow HERE

 

  
CALENDAR
June 13, 2008 - 10 AM - 12:30 PM
Small Business Protection Strategies
Location: Molloy Satellite Bldg, 7189 Republic  Airport, E.Farmingdale, NY
Resv: Call Patty Cook @ 516-433-5000 or Email: pcook@lidc.org
Childcare Facility Expands
With Affordable Financing


 One of the major challenges for any business is finding and keeping good employees. In today’s two wage earner families, this requires being sensitive to childcare issues for employees. It is good then to report that at least one well known family daycare provider is expanding to meet the needs of more of LI’s employees- Rozzie’s Day Care MORE

Commerce Bank & LIDC Combine to Help Medical Practice Expand
Commerce Bank and Long Island Development Corporation recently combined to enable the expansion of the Women’s Healthcare of Suffolk Medical Practice in Hauppauge. MORE