The Business Revolving Loan (BRL)
The Business Revolving Loan is intended to address the needs of small to medium enterprises. The particular features of the Business Revolving Loan are listed below:
Minimum
|
Maximum
|
|
BRL Loans Approved
|
$50,000
|
$250,000
|
Fixed Interest Rate*
|
5%
|
9%
|
Term of Repayment
|
up to
|
7 years
|
*Subject to change based on Prime Rate.
SNIEDC’s Business Strategist is available to provide free one-on-one counseling through the development of your business plan to ensure that you are on the best footing when you begin your business.
Contact SNIEDC office to arrange an appointment:
90 Ohi:yo Way, PO Box 437
Salamanca, NY 14779
Phone: (716) 945-7148
Fax: (716)945-8556
Email: [email protected]
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