LISBAC provides a variety of low cost loan programs and free technical assistance to help small businesses and not-for-profit organizations in New York.

Wednesday, June 07, 2023
   
LISBAC
Long Island Small Business Assistance Corp

Corporate Office:
175 Engineers Road
Suite 200
Hauppauge, New York 11788

Tel: 1-516-433-5000
Fax: 1-516-433-5046
Email: info@lisbac.org
Up Coming Events...
Small Business Micro Loans - LI Small Business Assistance Corp

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 $2000 - $25,000 Up to 10 years for repayment
  • Low fixed interest rate
  • Self-amortizing loan
  • No prepayment penalties
  • Monthly repayment schedule
  • Very low interest rate
  • WE DO ALL THE PAPERWORK WITH YOU

You are:

  • A small business with less than 100 employees
  • 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 from Trachtenberg & Pauker, CPAs
  • Review of business plan
  • Review of financials

 Workshops include:

  • Financing growth
  • Bookkeeping
  • Marketing
  • Inventory control
  • Cold calling
  • Computer utilization
  • Internet familiarization
  • 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: Empire State Development (NYS)
Supported by: NAWBO, SCWBEC




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