Small business owners in New York can access various loan options, including SBA 7(a) loans, SBA 504 loans, microloans, equipment financing, and lines of credit. State-specific programs like the New York Forward Loan Fund 2 and the Small Business Revolving Loan Fund provide additional financing opportunities. AMP Advance provides a comprehensive suite of these loan products, delivering flexible financing solutions tailored to meet the needs of local businesses.

Qualifying for a business loan with limited collateral is achievable through programs like SBA 7(a) and 504 loans, which offer flexibility and favorable terms. State initiatives such as the New York Forward Loan Fund 2 are designed to assist underserved communities and may have more lenient requirements. AMP Advance collaborates with these programs to help businesses secure necessary financing, even with limited collateral.​

Yes, New York offers several state-specific loan programs to support small businesses. The New York Forward Loan Fund 2 provides working capital loans to small businesses and nonprofits across the state. Additionally, the Small Business Revolving Loan Fund offers microloans to address financing gaps for new companies and under-banked communities. AMP Advance works closely with these programs, providing businesses with access to funding opportunities that promote growth and success within New York.​

To apply for a small business loan in New York, you can approach local banks, credit unions, or apply directly through AMP Advance. The application process typically requires basic financial documents, a clear outline of your business needs, and may include a business plan, time in business, annual gross revenue, and personal or business credit score.​

AMP Advance is recognized for its competitive rates, flexible loan options, and a deep understanding of New York’s business landscape. They collaborate with state programs to offer loan guarantees, making them a top choice for small business financing in New York.