LIDC & LISBAC have been actively unleashing a new era of low-cost business growth finance options, with a strong focus of economic recovery due to the COVID-19 coronavirus pandemic. Established in 1980, Long Island Development Corporation (LIDC) is Long Island’s leading economic development finance agency, that is a designated 501 (c) (3) nonprofit organization, that has an outstanding record of fiscal compliance and the capacity to fulfill low-cost access to capital for the Long Island based business community at large.
Together servicing the Long Island region with micro loans, technical assistance focusing on procurement and financial literacy and critical business education through one-to-one business counseling, seminars, and webinars. Additionally, functioning as an economic development small business lender that provides a variety of mini-micro-loans, micro-loans and low-cost working capital loans ranging from $50,000 – $500,000 through our extensive revolving loan program menu supported by: The US Treasury, CDFI Fund, US Department of Commerce, Economic Development Administration (EDA), New York State, Empire State Development, New York State, Job Development Authority, and private sector sponsorships.
Gina Hill Slater Parker will be sharing invaluable information on how you can get access to capital for your small business.