How Can We Help?
5 Steps to Your NYBDC Loan
Identify your loan need.
Click here to learn more about the types of loans NYBDC makes.
Step 2Review our Loan Application Checklist below or click here to download.
Correspond with an NYBDC Loan Specialist via e-mail or telephone.
Complete the NYBDC Loan Application and other required forms and submit to your NYBDC Loan Specialist.
Schedule a face-to-face meeting with your NYBDC representative and banker (if any) to review application.
The Loan Application Checklist
Print & complete the Loan Application Checklist >
This helpful tool to help you accumulate the necessary information NYBDC requires to evaluate your business.
Below is an example of the loan materials you'll need to submit to your NYBDC loan officer.
Please see the Loan Application Checklist for complete details.
|Name of borrower & related companies
||Current accounts receivable & accounts payable|
|List of owners for each company with 20% or more ownership||Personal financial statement for all owners|
|Organizational business documents
||Copies of current bank account statements
|Detail of loan request||Copy of Picture ID for all owners
|Sources of funds||Management resumes|
|Last three years of federal tax returns for the borrower, related companies & all owners
||Brochures that may explain your business|
|Borrower balance sheet, income & expense statements|
Subscribe to our mailing list to stay up-to-date with the latest news from NYBDC.
Our team of expert lenders strive to help small businesses grow every day. Last week we provided...
Our lending team finished the month of October strong by providing over $2.5 million to help...
Our team of expert lenders provided $2,231,000 in alternative financing last week for four...
Last week our team closed five loans totaling $7.5 million for New York State businesses. With the...
Each year, The Long Island Business Development Council (LIBDC) inducts new members into its hall of...