The Business Initiative Corporation of New York (BICNY)
BICNY and BXEDC work in close partnership with each other. While BXEDC focuses on capital access for small businesses in the Bronx, BICNY provides capital access in the Bronx as well as throughout New York state. BICNY is an SBA 504 and 7(a) Small Business Development Lender that offers small businesses other avenues for financing while promoting business growth and job creation. BICNY’s loan program provide commercial businesses with long-term, fix-rate financing used to purchase commercial property or machinery, as well as small balance working capital loans, that can be the key to expand or modernize your business.
You can find out more about BICNY here:
