NYC Business Solutions helps small businesses, including Minority- or Woman-owned Business Enterprises (M/WBEs) across all industries secure competitive low-rate loans to compete on City contracts.
Whether you're a sub-contractor selected to perform on construction projects as part of the Build it Back program or simply want to compete on contracts from over 20 participating City agencies, we work with various lenders to provide small firms with the capital you need to perform on contract work and grow your business.
Our experienced Account Managers will take you through every step of the loan packaging process to ensure you have the best chance to get preapproved to secure the financing you need.
Here's how it works:
The ideal business should:
- Have plans to bid on a City contract
- Be a small business in New York City or certain counties in New York State; and
- Need early-stage resources (e.g. working capital, inventory, or equipment)