STATE-BASED OPTIONS

Mid Hudson Small Business Development Center (SBDC)
The Mid Hudson Small Business Development Center, part of the New York State Small Business Development Center, provides financing support to small business owners interested in improving energy efficiency for their operations. The SBDC can help gather the information on a loan application (for example, in completing financial and cash flow projections, assisting with a business plan, doing market research, etc.) The SBDC maintains excellent relations with most area lenders and understands their needs and requirements. The SBDC is also very familiar with Small Business Administration (SBA) products as well. Use this web site to learn more or call the center at (845) 339-0025.

COUNTY-BASED AGENCIES

Dutchess County Economic Development Corporation
The Dutchess County Economic Development Corporation(DCEDC) is a private, non-profit organization serving Dutchess County. It also administrates the Green Revolving Loan Fund, which is for projects that create new jobs or clearly demonstrate job retention. Projects that will be considered include implementation of energy-efficiency measures. For more information, go to this web site or read this press release on the Green Revolving Loan Fund.

Ulster County Development Corporation
The Ulster County Development Corporation offers low-cost, flexible financing through countywide and municipal Revolving Loan Funds (RLFs), which are financing tools for communities to provide loans to local businesses that create jobs and leverage other private investment while helping a community diversify and stabilize its economy. The RLFs are locally administered, and they were created to fill the gap between a business' finance needs and what can be borrowed. Working in partnership with regional banks and lenders, the RLFs can help to complete a business financing package by offering fixed rate, low-interest loans, revolving lines of credit or loan guarantees.