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In 1984, a program was established in New York State. [3] The SBA in a 1985 report noted that, "Several SBDC's have established separate International Trade Centers (ITC) as part of their state-wide operations. These international trade centers are currently located in Alabama, Georgia, Mississippi, Arkansas, Louisiana and Pennsylvania.". [4]
LLC loan type. Minimum credit score. Advantages. Disadvantages. Term loan. 550. Lump sum up front. Repayable over a set period. Available at most financial institutions
Similar to a regular small business loan, the LLC loan can be secured or unsecured, and funds can be used for various business needs, such as startup expenses, equipment purchases and working capital.
In many cases, LLC loans will require the same documentation as other business loans. Your LLC’s required documents will vary depending on your lender — traditional lenders often have more ...
The New York State Urban Development Corporation (UDC) was created in 1968 by the New York State Urban Development Corporation Act. [1] [7] On August 31, 1987, the Omnibus Economic Development Act created the state Department of Economic Development (DED). [7]
The New York State Legislature unanimously confirmed Benjamin M. Lawsky on May 24, 2011, as New York State's first Superintendent of Financial Services. [9] From May 24, 2011, until October 3, 2011, Lawsky also was appointed, and served as, Acting Superintendent of Banks for the former New York State Banking Department. [9]
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