Lender Q&A: Does NYBDC Offer Lines of Credit?
Does NYBDC Offer Lines of Credit?
Answer by Dave Hanold, Vice President
NYBDC offers the SBA CapLine program, which is a particular line of credit program offered by the SBA. It is offered primarily for contractors and to fund certain current assets on a business balance sheet (Accounts Receivable and Inventory). These are specific line of credit products that are not easily comparable to a bank line of credit.