Money to start or expand a small business in New York by business owners with disabilities is available from the state and private sources. Small business grants and loans starting at $10,000 and going up to $300,000 are provided to eligible disabled individuals. This funding can be used to attain self employment, to operate a business and to get trained as a new entrepreneur. Applications are accepted with business plans by each agency and private lender.
Low Cost Business Loans for Disabled Persons in NY
State agencies and private lenders, such as banks and credit unions, provide low interest rate loans to small businesses. These loans are available to minorities, people with disabilities, veterans and to those serving under represented communities. Each agency and private lender has its own eligibility and loan documentation standards to be met by borrowers. These are three of the major loans available to persons with disabilities:
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