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.
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.
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.