Rise Business Funding

Long-Term Business Loans in New York, New York

New York City's economy spans finance, technology, hospitality, retail, and healthcare, making it one of the most dynamic business environments in the world. Whether you operate in Manhattan, Brooklyn, Queens, the Bronx, or Staten Island, long-term business loans can help you grow, hire, and compete.

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Funding in 30 to 90 Days

Typical funding time is 30 to 90 days, depending on the lender and your documents.

Funding $50K to $5M

Amounts range from $50K to $5M, based on your revenue and credit profile.

All 5 Boroughs

Serving businesses across Manhattan, Brooklyn, Queens, the Bronx, and Staten Island

About Long-Term Business Loans in New York

New York's economy generated roughly $2.32 trillion in nominal GDP in 2024, making it the third-largest state economy in the country, yet that headline number masks how unevenly capital demands fall across industries and geographies. In the Financial District and along the Wall Street corridor, securities firms reported pre-tax profits up 75% year-over-year in Q3 2024, and the bonus pool hit a record $49.2 billion in 2025. Firms supporting that ecosystem, compliance vendors, prime brokerage technology providers, boutique advisory shops, often carry significant overhead through the summer months and need multi-year financing structures that match their revenue cycles rather than a short window. Long-term business loans give those businesses the repayment runway to absorb seasonal troughs and invest in capacity before the winter bonus season restores cash flow.

The same logic applies beyond the trading floors, where the economics look entirely different. The Garment District remains the city's center for fashion design, showrooms, and apparel manufacturing, and creative manufacturers fill the Brooklyn Navy Yard and Industry City in Sunset Park. A capital equipment purchase, such as a cutting and sewing line for a Garment District manufacturer or a fabrication upgrade for a Brooklyn Navy Yard shop, cannot be financed responsibly on a 12-month term. Equipment financing and longer amortization schedules let city manufacturers spread those costs across the useful life of the asset. For operations moving into new facilities, construction business loans can bridge the gap between groundbreaking and first revenue. Healthcare adds its own long-horizon needs: education and health services added over 95,000 jobs in the city in 2024, and practices expanding near the Upper East Side medical corridor or the East Side Innovation District need durable capital to scale, not short bridge facilities.

Rise Business Funding works with New York businesses across all of these contexts. Whether you operate in the securities support ecosystem around Midtown Manhattan or run an apparel manufacturing shop in the Garment District, the application process starts with understanding your actual cash cycle. A business line of credit may complement a long-term loan for working capital flexibility, while SBA loans offer government-backed structures at lower rates for qualifying borrowers. Use the business funding calculator to model term and payment scenarios before you apply.

Financing Options in New York

Long-Term Business Loans

Lenders in our network offer long-term business loans with multi-year repayment schedules designed for significant investments. These loans provide predictable monthly payments and larger loan amounts, ideal for NYC businesses planning major expansions or capital projects.

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SBA Loans

SBA loans are government-backed financing options that carry competitive rates and extended repayment terms. New York City businesses that meet SBA eligibility criteria can access substantial capital for real estate, equipment, and working capital through lenders in our network.

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Term Loans

Term loans deliver a lump sum of capital repaid over a defined schedule, giving business owners in New York City clarity and structure. Lenders in our network offer both short and medium-term options for businesses that need flexibility alongside stability.

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Business Line of Credit

A revolving line of credit lets New York City business owners draw funds as needed and repay on a flexible schedule. This product is well-suited for managing seasonal cash flow, covering payroll during slow months, or responding to sudden opportunities.

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Equipment Financing

Equipment financing allows NYC businesses to acquire machinery, commercial kitchen appliances, medical devices, or technology hardware without depleting working capital. The equipment itself often serves as collateral, making approval more accessible for qualifying businesses.

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Revenue-Based Financing

Revenue-based financing ties repayment to a percentage of monthly revenue, making it a flexible alternative for New York City businesses with variable income. Lenders in our network use this product to serve high-revenue companies that may not fit traditional credit profiles.

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Requirements to Qualify

Personal FICO Score

650+

Long-term loans require stronger creditworthiness than short-term products. A score of 650 or above typically qualifies, with better scores unlocking lower rates and higher amounts.

Monthly Revenue

$15,000+

Lenders need confidence that your business can sustain monthly payments over multiple years. Strong, consistent revenue is the primary qualification factor for long-term financing.

Time in Business

2+ years

Demonstrates financial stability and an established operating track record. Long-term lenders require a longer history than short-term products to justify the extended commitment.

Bank Account

Business account required

Used to verify revenue patterns, cash flow consistency, and manage automated monthly repayments. Personal accounts are not accepted.

How Rise Works

1

Submit Your Application

Complete our secure online application in minutes and share your recent business bank statements. No hard credit pull is required to apply, and there are no upfront fees.

2

Get Matched and Get a Decision

Rise Business Funding reviews your application and matches you with lenders in our network suited to your business. The lender then underwrites your application in full.

3

Receive Your Funds

Once you accept an offer and finalize documents with the lender, funds go to your business bank account. Typical funding time is 30 to 90 days.

Why Business Owners Choose Rise Business Funding

  • Funding in 30 to 90 Days

    Typical funding time is 30 to 90 days, depending on the lender and your documents.

  • Free to Apply, No Obligation

    Applying costs nothing, and you're never obligated to accept an offer.

  • Compare Before You Commit

    See the options you qualify for side by side, then pick the one whose payments fit your cash flow.

New York-Specific Resources

New York City businesses have access to several mission-driven capital sources worth knowing before you close a funding deal. Empire State Development administers programs including the New York Forward Loan Fund 2 and the New York State Small Business Revolving Loan Fund Round 2, which targets SEDI-owned and underbanked businesses with loans under $250,000. Pursuit, a nonprofit CDFI and SBA Preferred Lender founded in 1955, offers more than 15 loan products statewide, including SBA 504 structures through Pursuit CDC for owner-occupied real estate. Renaissance Economic Development Corporation provides multilingual services and loans from $5,000 to $350,000 for immigrant and low-to-moderate income entrepreneurs across the five boroughs. These programs are valuable, but eligibility criteria, loan caps, and processing timelines mean they often work best alongside private financing. Rise Business Funding's long-term business loans can move faster and scale higher when your capital need exceeds what public programs cover.

SBA Metro New York District Office

The SBA Metro New York District Office serves 14 counties in New York City, Long Island, and areas of the Hudson Valley. It connects local small businesses to SBA 7(a) loans, 504 loans and microloans through participating lenders, and to free counseling through Small Business Development Centers, SCORE chapters and Women's Business Centers.

sba.gov

Accompany Capital

Formerly the Business Center for New Americans, Accompany Capital is a New York City-based nonprofit CDFI that provides microloans from $1,000 to $50,000 and SBA Community Advantage loans from $100,000 to $350,000 to immigrant, refugee, and women entrepreneurs in the five boroughs, with no minimum credit score required for microloans.

accompanycapital.org

Renaissance Economic Development Corporation

A U.S. Treasury-certified CDFI and SBA-approved microlender and Community Advantage lender, Renaissance provides low-interest small business loans from $5,000 to $350,000, including a Small Business Express Impact Loan of up to $15,000 for immediate working capital needs, to low-to-moderate income and immigrant entrepreneurs in the New York Metro Area, with multilingual services in English, Chinese, Korean, and Spanish.

renaissancesbs.org

New York SBDC - NYC Regional Centers

New York SBDC - NYC Regional Centers offers business advising to small businesses in New York.

nysbdc.org

NYC Department of Small Business Services

The NYC Department of Small Business Services provides NYC entrepreneurs with access to capital programs, business courses, legal and financial advice, and connections to community lenders serving all five boroughs.

nyc.gov

SCORE New York City Chapter

SCORE NYC offers free mentoring from experienced business professionals who can help owners develop equipment financing strategies, review applications, and connect with SBA-backed lending resources.

score.org

TruFund Financial Services, Inc.

TruFund Financial Services, Inc. offers term loans, SBA loans and commercial real estate loans, plus business advising to small businesses in New York.

trufund.org
Statewide programs for New York businesses

Frequently Asked Questions

About Funding in New York

How do I get long-term business loans in New York, New York?

To access long-term business loans in New York, New York, start by completing a single application through Rise Business Funding. We match your profile with lenders in our network who specialize in extended-term financing for NYC businesses. You will typically need a FICO score of 650 or above, at least two years of operating history, and monthly revenue of $15,000 or more. Once matched, you can review offers and choose the terms that best fit your growth plans before funds are deposited into your business bank account.

What credit score do I need for a long-term business loan in NYC?

Most lenders in our network require a minimum personal FICO score of 650 to qualify for long-term business loans in New York City. A stronger score can improve the terms you receive, including interest rate and repayment period. However, credit score is one factor among several. Lenders also evaluate monthly revenue, time in business, and the overall financial health of your company. New York City business owners with scores slightly below 600 may still have options, particularly if revenue and cash flow are strong.

How fast can I get funded for a long-term business loan in New York City?

Rise Business Funding's lender network typically funds long-term loans within 30 to 90 days. Once you accept an offer, funding is typically deposited in 30 to 90 days. Long-term loans may require additional documentation compared to short-term products, so having your bank statements, tax returns, and revenue records ready in advance can speed up the process. Many New York City business owners complete the entire process from application to funded in 30 to 90 days.

What documents are required to apply for a long-term business loan in NYC?

Common documents required by lenders in our network include three to six months of business bank statements, the most recent one to two years of business tax returns, a government-issued photo ID, and proof of business ownership such as articles of incorporation or a business license. Some lenders may also request a profit and loss statement or a brief description of how you intend to use the funds. Having these documents organized before you apply can reduce approval time significantly.

Can my LLC qualify for a long-term business loan in New York?

Yes. LLCs are among the most common business structures that qualify for long-term business loans in New York, New York. Lenders in our network work with sole proprietors, partnerships, S-corps, C-corps, and LLCs. What matters most is that your business has an active business bank account, consistent monthly revenue above $15,000, and at least two years of operating history. Your personal credit score as the primary owner will also be reviewed as part of the application process.

Are there New York City-specific rules or requirements for small business loans?

There are no city-specific lending regulations that uniquely restrict access to long-term business loans in New York City beyond standard state and federal lending laws. However, operating in a high-cost market like NYC means lenders may scrutinize rent obligations and operating expenses more closely when evaluating cash flow. Business owners in regulated industries such as food service, healthcare, or childcare should ensure their city and state licenses are current, as documentation of good standing can be part of the approval process.

Can a startup in New York City qualify for long-term business loans?

Most lenders in our network require at least two years of operating history before approving long-term business loans, which means very early-stage startups may not qualify for this specific product. New businesses that are approaching or have crossed the six-month mark and are generating consistent revenue are encouraged to apply. Startups with strong personal credit and solid early revenue may also qualify for shorter-term or revenue-based products that can bridge the gap until a longer history is established.

How much can a New York City business borrow with a long-term loan?

Lenders in our network offer long-term business loans ranging from $50,000 to $5,000,000for qualifying New York City businesses. The amount you can access depends on factors such as monthly revenue, credit history, time in business, and how you plan to use the funds. Larger monthly revenue typically unlocks larger funding amounts, and lenders evaluate each application individually. Use the Rise Business Funding business funding calculator to get an early estimate before submitting your full application.

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