NYC small business loan

[Ver hut gazugt]

Don’t know much about it, I just signed up. It says up to 250k at 4%

https://r20.rs6.net/tn.jsp?f=001OQQ151N5d7_zm25thOH-CihRk4pZyiF7ZpTsQwLSzfaAWv5T_E-vPRJ7GfJYe6QsJ9Mvh-pZ8HEIOTT0MFZv6IrSV5UQZBSVXXamBQ4umP8KUHn1mXuFn2lNMVkMx_SA2AJQ5iPge6FJjuTt0xhI1A==&c=Zb-fQv_MsBmAobkGiZTPEAsLYRCaCBdCNIim-0r1bdmaVfsiakRWdQ==&ch=0vlc6GLDiTkx9ZuRI9OYYsiqMSJ429zU0tmo1hY0gj-7IRXWvqiQ9Q==

[12HRS]

@cgr might have more info

[cgr]

https://sbsopportunityfund.nyc/
They're not publicizing how they will calculate loan amounts (ie much in revenue is required per dollar in loans).

Small businesses defined as for profit, 100 or less employees, $5M or less in revenue.
No minimum credit score required
Home based businesses are eligible.
5 year term for loans less than $100k
6 year term for loans greater than $100k