6
Loans Approved
$1.1M
Total Volume
$188K
Avg Loan Size
1
States Served
States Served
Top Industries Financed
- Coin-Operated Laundries and Drycleaners
- Full-Service Restaurants
- Architectural Services
- Commercial Screen Printing
- Other Personal and Household Goods Repair and Maintenance
About Business Initiative Corporation of New York
Business Initiative Corporation of New York is an SBA-approved lender headquartered in Bronx, New York. Since 2020, they have approved 6 SBA 7(a) loans totaling $1.1M, with an average loan size of $188K. As an SBA Preferred Lender, they have delegated authority to approve SBA loans without prior SBA review, resulting in faster processing times. They primarily serve businesses in New York.
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