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Loans and Funds

Photograph by Skye Gilkerson

NYFA's commitment to artists includes provisional loans and relief funding for artists in need.

Currently, we provide cash flow loans to artists and non-profit cultural organizations through our Revolving Loan Program.

 

Revolving Loan Program

Eligibility Criteria

To qualify for a cash flow loan, an organization must have an approved grant from the New York City Department of Cultural Affairs. Individuals are not eligible for the Revolving Loan Program. Contact Sebi Vitale, Director of Finance, to confirm eligibility.

Deadline

Ongoing

Amounts + Fees

Loans may not exceed 80% of the contracted amount. The fee is 5% of the loan amount. Loans outstanding for more than 6 months may be reassessed for additional fees. 

Application

To apply, please complete the Loan Form Application. The application must be completed and signed by the appropriate parties for both the borrower and the agency supporting the loan. The signed form and all supporting documentation should be submitted for approval and processing.

Contact

(212) 366-6900 Ext. 210, or email svitale@nyfa.org.

 

Photo credit, at top: Skye Gilkerson