Businesses can access free assistance from NYC Small Business Services (SBS) to apply to available loan and grant resources, including federal, state, local, and private funds.

SBS helps businesses:

• Understand which financial product is best suited for their needs
• Review and put together documents
• Calculate loan repayment terms
• Connect with multiple lenders, including banks, credit unions, non-profit lenders and the U.S. Small Business Administration (SBA)
• Understand loan payment deferment options

Request financing assistance.

You must create an account and complete preliminary information before the session. Once you create an account, select “Financing Assistance” to continue.

To apply for funding on your own, visit the City's online marketplace, NYC Funds Finder.

You can also get more information by phone.

The NYC Small Business Opportunity Fund is a trusted, affordable way to invest in your New York City-based business. 

The Fund provides loans up to $250,000 at 4% fixed interest rate. No minimum credit score or application fee is required. You can also get free business support.

Learn more and apply for the NYC Small Business Opportunity Fund.

If your business is working on, or hoping to work on, a project with a City agency or City-funded entity as a prime or subcontractor, you may be eligible for a Contract Financing Loan up to $1,000,000 at an interest rate of 3 percent APR.

Get more information and apply online for contract financing.

NYC Financial Empowerment Centers provide free one-on-one professional financial counseling in person and over the phone. Counselors can help you separate personal and business finances and more.

Centers do not provide grants.

Learn more on the Financial Counseling page.