Special loan programs are available for businesses involved in international trade. A Veterans Affairs Officer is available to counsel veterans. Working through our local lenders, borrowers can obtain SBA guarantees on their loans. Proceeds can be used for working capital and to purchase machinery and equipment, real property, and inventory. Guaranteed loans may also be used to purchase an existing business.
Terms vary depending upon the use of loan proceeds.
Interest rates also vary depending upon the size and term of the loan. For more information, call 716 551-4301. Program, the SBA assists small businesses owned and controlled by socially and economically disadvantaged individuals. Businesses must be able to provide a product or service that is purchased by an agency of the federal government. Since various government agencies have different mission requirements which affect purchasing needs, we encourage all firms owned by socially or economically disadvantaged individuals to contact our Minority Enterprise Development Staff at 716 551-4307.