BOC Capital Offers Assistance to Community Businesses in New York City
Our team offers loans as well as free advisory services. We will help you stay informed of available government programs and other resources to meet your business recovery and stabilization needs.
How we provide loans for your community business:
- Loans from $500 to $50,000 for working capital, repairs, machinery & equipment structured as:
- Term loans
- Bridge loans
- Reba-free loans
- Order-based loans up to $150,000 for mobilization of government contracts
An interest-free grace period is available to businesses impacted by Hurricane Sandy for loan products listed above.
| Special BOC Microloans for
Business Recovery |
Microloan Assistance for: |
Microloan Assistance for: |
| From $500 – $10,000
|
Loss of perishable inventory or other impacts due to power outage and/or lack of transportation.
(i.e. food markets)
|
Extended business interruption/ loss of equipment / loss of durable Inventory due to storm damage. |
| Six months @ 0% interest followed by 4% interest
(1% interest discount for ACH payments) |
Grace period of 3 months before payments begin.
|
Extended grace period of
6 months. |
If you are in need of a loan for your business please call us:
Staten Island:
Nina Flores, Business Development Specialist
West Brighton LDC / Staten Island BOC
718-816-4775
nina@westbrightonldc.com
Our mission is to get you the best loan possible. Beyond our own loan assistance programs, we are connected to government agencies, banks and other micro-loan organizations that may serve the needs of our clients better than our own programs. In such cases, we refer you directly to the appropriate program and will assist you with the necessary connections and applications to make it happen.
Add to Google