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Discovery tool, not advice. Every figure is the published rule, not a decision on your case.
Loans

New York State Small Business Revolving Loan Fund Round 2

Status

Status not published

Each participating lender runs its own application process (lender list as of 5/15/26).

Check with the funder
Amount
$20,000,000

$63.5 million of federal SSBCI funds delivered through Community Based Lending Organizations. Microloans of $500 to $25,000 and regular loans above $25,000 up to $20,000,000; program funds may be no more than 50% of the loan principal and no more than $125,000. Terms generally up to 10 years; rates and approval terms are set by each lender.

Funder

Empire State Development (ESD)

public · regional

Deadline: Open all year — Each participating lender runs its own application process (lender list as of 5/15/26).

Your odds
Not published

This funder does not publish a success rate. We rank it using the rate observed across similar programmes and label it as an estimate rather than implying we know.

Effort
quick

Quick — mostly identity and bank details.

Who can apply

Eligible business is resident in and authorised to do business in New York, independently owned and operated, not dominant in its field, and employs 100 or fewer full-time persons. Targeted at new companies, under-banked communities and socially and economically disadvantaged (SEDI) owners. Eligible uses: working capital, real property improvement, machinery and equipment, limited refinancing.

How to apply

  1. Pick a participating lender serving your county from the ESD page. — link
  2. Apply directly with that lender; each has its own application.

Related reading: How grant deadlines actually work · The EU SME definition (Recommendation 2003/361)

Apply on the funder's site

Source. https://esd.ny.gov/nys-small-business-revolving-loan-fund-round-2

"CBLO loans to Eligible Businesses will be microloans (loans between $500 and $25,000); and regular loans (with a principal amount greater than $25,000 but no more than $20,000,000)."

Last checked against the official page on 5 October 2026

Source: esd.ny.gov

Report an error Something wrong or out of date? Tell us.

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