L.I. Small Business Assistance Corp.
(LISBAC) For women-owned business only... headquartered or operating in Nassau County or Suffolk County... Loans up to $10,000... Money to help your business grow.
 

 

 

LISBAC LOAN

 
Freeport based business school- the New Life Business Institute Inc.- is expanding with the help of low cost financing from LISBAC. MORE
 

OTHER FINANCING

L.I. Targeted Industry Loan Fund
Money to help sustain and grow your business.If your business is in Nassau County or Suffolk County and has fewer than 500 employees, and it is a defense dependent manufacturer or involved in transportation technology or...a software, hardware, technical equipment or electronics developer or manufacturer or...in the fields of pharmaceutical, medical or biotechnology or...involved in graphic communications or...just emerging from a NYS incubator program or...a commercial fisherman or in a fishing related industry or...a small business located in or locating in a NYS Empire Zone or...a non retail woman or minority owned small business certified as such by NYS... you may qualify.
Town of Hempstead
Small Business Fund

If your business is located in the Town of Hempstead and has five or fewer employees (with the owner being one of the employees) then you can receive financial assistance for equipment, working capital, leasehold/site improvements or inventory. This fund is targeted to businesses which will help revitalize the Town of Hempstead.
Village of Hempstead
Small Business Fund
If your business is located in the Village of Hempstead, you can receive financial assistance
to start or expand your business. Funds are available for Working Capital, Inventory, Equipment, Leasehold Improvements and Other Business Needs.
LIDC is the lender and works with the Village to provide you the financing you need under the Village of Hempstead Small Business Revolving Loan Fund.

Tub Manufacturer
Expands Eastward

   
 

The twenty five year old Tub Factory has expanded from a 5,000 sqft rented space in Bohemia to a 15,000 sqft owned building in Bellport with the help of an SBA 504 loan from Long Island Development Corporation and a conventional loan from Independence Community Bank.  READ MORE

 

Contract Machining
Alive & Well on L.I.
One example of the renaissance in manufacturing on Long Island is the machine shop started just 10 short years ago by Peter and Daniel Hartman. Cubitek specializes in close tolerance contract machining to the specifications of blueprints provided by customers. Customers encompass numerous industries including defense, aerospace, medical, analytical instrumentation and seminconductor. MORE
 
Westbury Couple Achieves
American Dream
 
 
 
 

Neil and Surekha Singh admit they come from modest beginnings. They hail from Guyana, the third smallest country in South America, sitting between Brazil and Venezuela, smaller than Idaho with only 2.44% arable land. A Dutch colony in the 17th century, Guyana became a British possession in 1815. READ MORE

 

NYC School Construction Helped By Growing Contractor
 
 
 

New construction and retrofit of existing school buildings is increasing to meet the needs of a growing school age population in New York City. Aging structures are either being renovated or torn down to make way for new construction to meet demand. One company assisting in this renaissance is Admiral Construction. READ MORE

 

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