Bridge to Success Loan Program
Empire State Development (ESD) expands access to short-term loans for New York State–certified minority- and women-owned firms doing business with New York State. The Bridge to Success Loan Program is investing at least $20 million to expand access to short-term bridge loans for minority- and women-owned business enterprises (MWBEs).
Short-term loans are available to qualified MWBEs to boost their ability to participate in contracting opportunities with New York State.
- Loans typically range from $75,000 to $200,000
- Loan terms typically range from eight to 18 months
- Participating lenders make credit decisions and determine interest rates and applicable fees
- Bridge to Success lenders receive ESD incentive funds to stimulate lending and take on any additional loan risk
Only New York State–certified minority- and/or women-owned business enterprises (MWBEs) are eligible. Learn more about becoming a certified MWBE.
How to Apply
To apply, contact one of the following participating lenders. For program questions, please call the NYS MWBE Resource Line: (855) ESD-4MWB (855-373-4692).
Teri Kappler, Business Solutions Advisor
Phone: (866) 733-2880 x6005
Available in Western NY, Finger Lakes, Southern Tier, Central NY, Mohawk Valley & Capital District
TruFund Financial Services, Inc.
Aisha Benson, Senior Vice President, New Markets Tax Credits/NY Managing Director
Available in Mid-Hudson & Long Island