finance

New York City small businesses access free financing assistance and loans

NYC Small Business Services provides free one-on-one financing assistance, business courses, legal consultations, and access to the NYC Funds Finder platform to review grants and loans.

By The Daily New York · Published July 24, 2026

How we reported this

This article was written by AI from the linked sources and was not reviewed by a journalist before publishing. The Daily New York is part of The Daily Network and follows our reasonable editorial care.

Daily Network finance briefing tile, illustration, not a photograph

NYC Small Business Services (SBS) provides free one-on-one financing assistance, business courses, legal consultations, and access to the NYC Funds Finder platform to review grants and loans, according to [61].

The NYC Future Fund offers flexible, revenue-based loans for NYC entrepreneurs, while the Contract Financing Loan Fund provides up to $1,000,000 at 3% APR for businesses working with City agencies, as reported in [61].

The New York Forward Loan Fund 2 provides up to $150,000 to small businesses with 100 or fewer employees and under $5 million in annual revenue, and NYSBDC centers statewide offer free one-on-one business advice, according to [61].

Grants include the Brooklyn Pitch Competition with a $150,000 grand prize, the EmpowHer Grant ($25,000 for female entrepreneurs), and the Amber Grant ($10,000-$25,000 for women-owned businesses), as stated in [61].

Sources: perplexity-sonar.

This article is general information only and is not personal financial or investment advice. Consider your own circumstances and seek licensed professional advice before making financial decisions.

References Sourced but Not Limited to:

nyc-business.nyc.gov · Financing assistance

Your newsroom. Shaped by you.

The Daily New York is in beta. AI may assist with research, summarising and drafting. Automated checks assess sourcing, accuracy and editorial risk before publication, and sensitive material is held for human review. Spotted something off, or want us covering a topic? Tell us. Your feedback is entirely optional and helps shape what we publish next.