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Additional funds are available to small businesses—financing beyond your existing mortgage. The Small Business Administration is providing the opportunity to refinance your existing mortgage to free up cash for business expenses.
ThinkForward is partnering with the advanced manufacturing and technology advisement firm NYC ITAC to help small firms access funds through the SBA 504 Refinance Program. More than 30 lenders are participating in this program. This initiative is part of ThinkForward’s ongoing efforts to provide economic development funding solutions to companies throughout the five boroughs of New York and beyond.
Additional funds are available to small businesses—financing beyond your existing mortgage. The Small Business Administration is providing the opportunity to refinance your existing mortgage to free up cash for business expenses.
ThinkForward is partnering with the advanced manufacturing and technology advisement firm NYC ITAC to help small firms access funds through the SBA 504 Refinance Program. More than 30 lenders are participating in this program. This initiative is part of ThinkForward’s ongoing efforts to provide economic development funding solutions to companies throughout the five boroughs of New York and beyond.
NYC agencies are encouraging investments in IndustrialBusiness Zones (IBZ).This is good news for real estate developers and building owners hoping to attract manufacturing and light industrial tenants through redevelopment of their properties. Financial assistance through the NYCIndustrial Development Agency (NYCIDA) can make a sizeable contribution to most capital stacks.
For many organizations, delaying a project means delaying future success. Tax credits and economic incentives can help fund the next step forward in any mission-driven organization’s growth and evolution. Considering the life line that these programs can represent, let’s take a few moments to understand what incentives are and how to tap into the potential for your company.
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