Third Avenue Business Improvement District - NYC Small Business Opportunity Loan Fund Launched
Today, Third Avenue Business Improvement District joined Mayor Eric Adams, Department of Small Business Services, elected officials, business organizations, and small business owners to announce the NYC Small Business Opportunity Fund, which delivers flexible, low fixed-interest-rate capital, including:
No minimum credit score required
Loans up to $250,000 at 4% fixed interest rate
Free business support from trusted, local, mission-driven lenders
Easy to apply
No application fees
Open to businesses at all stages – from startups to growing to rebuilding
Businesses can learn more about the NYC Small Business Opportunity Fund and resources available to help apply at SBSOpportunityFund.nycor by calling 888-SBS-4NYC.
“Businesses need access to affordable capital," said Michael Brady, CEO of Third Avenue Business Improvement District. "Today's launch of the New York City Small Business Opportunity Fund brings capital access to small businesses and seeks to reduce barriers for many communities through out the City. We are grateful for this public - private partnership which mobilizes resources to enhance access to capital amid a period of global economic uncertainty."
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