FOR SMALL BUSINESSES, WOMEN OWNED BUSINESSES AND MINORITY OWNED BUSINESSES ONLY!
...MONEY TO HELP YOUR BUSINESS GROW!
Are you a small business, women owned business or minority owned business headquartered or operating in Nassau County or Suffolk County? Do you need money to help your business grow?
If so, you can apply for a loan from the Long Island Small Business Assistance Corp. (LISBAC). Here's how it works:
You get the following:
- Amounts of $1,000 - $2,500
- Low fixed interest rate
- Self-amortizing loan
- No prepayment penalties
- Monthly repayment schedule
- WE DO ALL THE PAPERWORK WITH YOU
You are:
- A small business with less than 100 employees
- Established business entity
- Current on all taxes
- Able to show the ability to repay based on historical or projected data
- Able to supply a satisfactory or explainable credit history
- Willing to provide personal guarantee
- START-UPS ARE ELIGIBLE!
You benefit from:
- Workshops and seminars
- Training in business financing
- Free individualized technical assistance
- Review of business plan
- Review of financials
Workshops include:
- Financial Literacy
- Bookkeeping
- Marketing
- Procurement Registration
- M/WBE Certification
- Technology Utilization
- Networking
Free individualized review of, and assistance with:
- Office procedures
- Employee relations
- Banking relationships
- Supply and distribution methods
LISBAC is Certified as a Community Development Financial Institution (CDFI) and Community Development Entity (CDE) by US Treasury
Sponsored by: BankUnited & LIDC
Supported by: Asian Women In Business, Black Women Enterprises, LIA, LI African american Chamber of Commerce, LI Hispanic Chamber of Commerce, NAWBO, SCWBEC