[Fredslist] (Promotion) Economic Development Tip #102
Charles Schreiber
CSchreiber at lidc.org
Fri Nov 16 11:07:43 EST 2007
Economic Development Tip #102
Interest Rate Subsidy in New York State - Linked Deposit Program- Savings up to 3% for eligible companies for four years on up to $500,000. That could mean you save a total of $60,000 in interest!
Call me for more details.
Charles F. Schreiber Vice President, Lending
Greater New York Development Co.(GNYDC) /
Long Island Development Corp. (LIDC)
45 Seaman Avenue Bethpage, NY 11714
866 433-5432 516-433-5000, x1025
cschreiber at GNYDC.org
LIDC/GNYDC- part of the Long Island Development Corporation family of economic development organizations, providing low cost loans and free technical assistance to entrepreneurs and non profits for over 27 years.
$750 million+ in direct loans to businesses and non profits
$2.5 billion+ in bank and private capital leveraged for projects
45,000 jobs created
$1.7 billion in government contracts obtained.
LIDC/GNYDC provides low downpayment, low fixed rate, long term second mortgages (behind banks and other lenders) for small businesses and not-for-profits acquiring, renovating or constructing their own facilities throughout New York, New Jersey and Connecticut.
See us at www.lidc.org or www.gnydc.org
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