Low Interest Loans

The Town of Hamburg is committed to job growth in low to moderate income populations. A loan fund has been established to provide an alternate source of flexible financial assistance to growth-oriented industrial and commercial firms In the Town and Village of Hamburg and the Village of Blasdell. Program funding is provided to the Hamburg Development Corporation through the Town of Hamburg Community Development Block Grant program as granted by the federal Department of Housing & Urban Development.

To catalyze job growth in the target demographic the program provides a below market blended interest rate and primary or gap financing for small and medium sized businesses. Rates are fixed at 75% of the prime rate at loan closing.
 

Click this link for program information.

For more information on restrictions, fees and applications please contact Hamburg Development Companies.