Minority and Women Revolving Loan Trust Fund Services
Overview
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SUMMARY
DESCRIPTION
The government authority in New York is seeking a vendor to provide minority and women revolving loan trust fund services. The program is intended to support minority-owned business enterprises and women-owned business enterprises through financing designed to help them grow and succeed.
The services will include administering working capital loans of up to $35,000 and loans of up to $50,000 for the acquisition of real property, machinery, and equipment. Local and community-based economic development professionals will be responsible for processing loan applications and making and administering the loans, providing a tool to support broad-based community economic development.
All questions regarding the opportunity must be submitted no later than August 14, 2026.
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Frequently asked questions
- When is the submission deadline?
- Submissions are due August 31, 2026.
- Who is a good fit for this opportunity?
- Community development financial institutions and mission-driven lenders
- Firms experienced in administering small-business loan programs
- Organizations with expertise serving minority-owned and women-owned enterprises
- Local or regional economic development professionals with New York market knowledge
- Providers experienced in loan underwriting, servicing, compliance, and portfolio administration
Analysis generated by Settle AI from the source RFP.
RFP Hunter shows what is open. Settle shows what is forming.
Settle pieces together buyer signals, budgets, contract activity, and the sources your team already monitors. See why an opportunity fits and what to do before the RFP posts.