Small Business Loan Resources. With so many small business lending options available, it can be hard to know which loan product makes the most sense for your small business. The following information will help you understand your options for getting a small business loan, make informed decisions, and find responsible small business loan terms are as follows: Loan Amount: For small businesses: Lesser of (a) $100,000 or (b) up to 100% of average monthly revenues in a 3-month period prior to the COVID-19 outbreak. The 3-month period can be any 3-month period from 2019 or January to March 2020. For Example: October 2019 Revenues: $10,000; November 2019 Revenues: $15,000New York Forward Loan Fund (NYFLF) is a new economic recovery loan program aimed at supporting New York State small businesses, nonprofits and small landlords as they reopen after the COVID-19 outbreak and NYS on PAUSE. NYFLF targets the state’s small businesses with 50 or fewer full-time equivalent (FTE) employees (90% of all businesses), The New York State COVID-19 Pandemic Small Business Recovery Grant Program was created to provide flexible grant assistance to currently viable small businesses, micro-businesses and for-profit independent arts and cultural organizations in the State of New York who have experienced economic hardship due to the COVID-19 ;· Small Business Administration (SBA) COVID-19 Loans. New York State small businesses are eligible for a number of relief benefits from the Small Business Administration (SBA) - part of the $2 trillion federal stimulus bill (CARES Act). These programs are expected to be in high demand from small businesses across the Business Loan Resources | Empire State DevelopmentCoronavirus: Information for Small Businesses | Department Coronavirus: Information for Small Businesses | Department Coronavirus Loans & Grants for New York State Businesses 13 реда · 26/03/2020 · New York Forward Loan Fund (NYFLF) Businesses, nonprofits and landlords …New York companies use alternative loans to purchase business inventory, help pay for expansion of their businesses, help their small business make payroll, purchase equipment and machinery and just about any other short-term business financing use for operational needs.

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