Long Island Development

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400 Post Ave Ste 201A
Westbury, NY 11590

Long Island Development Corporation (LIDC) has been a key resource for low-cost small business loans since 1980, aiming to empower small business owners on Long Island by providing access to affordable capital and credible financial resources. The organization offers a variety of lending programs, including the Targeted Loan Fund, which can provide loans up to $500,000 at interest rates as low as 5%, specifically designed to support businesses that may struggle to secure traditional bank financing.

In addition to financing, LIDC delivers technical assistance, procurement resources, and business certification support, particularly for minority and woman-owned enterprises. Over its 39 years of service, LIDC has facilitated over $750 million in indirect loans, leveraged an additional $2.5 billion in private capital, and helped create or retain more than 45,000 jobs in the local economy.

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United StatesNew YorkWestburyLong Island Development

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