Businesses can access free assistance to apply to available loan and grant resources, including federal, state, local, and private funds. SBA offers a variety of loan programs for very specific purposes—read more to see if your business qualifies to participate.The loans are for starting new businesses, mergers, or expanding existing businesses. Check the Best 8 options for Business Loans New York. You'll find loans for nearly any business need in New York City. Many small business lenders offer term loans, lines of credit, and even business credit cards. The New York City Economic Development Corporation runs Cap Access. Fill out the pre-application. TruFund provides affordable and responsible capital to small businesses and nonprofit organizations in New York City, Nassau and Suffolk counties.