SBA lender profile
Business Initiative Corporation of New York
Business Initiative Corporation of New York appears in the public SBA loan data with 113 funded 504 and 7(a) loans since FY2010, totaling $122.2M, an average of $1.1M per loan, and an estimated 1,336 jobs supported. Its SBA lending concentrates in New York and the Accommodation and Food Services sector. With only 6 7(a) loans in the data, the sample is too small to read a charge-off rate as a track record. 16.7% of its 7(a) loans were processed under delegated PLP authority.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)
- Track record 70
- Scale 64
- Activity 71
- Consistency 84
A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.
Is Business Initiative Corporation of New York the right lender for you?
Lenders fund what they know. Business Initiative Corporation of New York's SBA lending concentrates in New York (113 loans) and Accommodation and Food Services (26 loans), at an average loan of $1.1M. If your business does not look like that, a different SBA lender is likely the better fit.
See which SBA lenders fund businesses like yours →Ranked on the funded-loan record, not on who pays. Free, and your details go only to the lenders we match you to.
Where Business Initiative Corporation of New York lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| New York | 113 | $122.2M |
What Business Initiative Corporation of New York funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Accommodation and Food Services | 26 | $45.9M |
| Manufacturing | 13 | $13.7M |
| Health Care and Social Assistance | 9 | $10.6M |
| Retail Trade | 14 | $10.4M |
| Wholesale Trade | 9 | $9.3M |
| Construction | 10 | $8.9M |
Business Initiative Corporation of New York SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 6 | $5.6M |
| 2011 | 8 | $9.5M |
| 2012 | 9 | $10.4M |
| 2013 | 9 | $4.7M |
| 2014 | 9 | $9.9M |
| 2015 | 7 | $9.3M |
| 2016 | 5 | $6.2M |
| 2017 | 5 | $5.9M |
| 2018 | 3 | $2.1M |
| 2019 | 4 | $6.2M |
| 2020 | 5 | $2.8M |
| 2021 | 5 | $3.0M |
| 2022 | 15 | $23.4M |
| 2023 | 5 | $4.9M |
| 2024 | 10 | $7.0M |
| 2025 | 7 | $10.4M |
| 2026 | 1 | $747K |
Related SBA lenders
Other lenders active in New York or in Accommodation and Food Services.
New to the program? See how an SBA 504 loan works (the structure, the rates, and the CDC's role), browse every Certified Development Company ranked by 504 volume , or see how to choose an SBA lender by track record.
Business Initiative Corporation of New York: frequently asked questions
Does Business Initiative Corporation of New York offer SBA loans?
Yes. Business Initiative Corporation of New York appears in the public SBA data with 113 funded SBA 504 and 7(a) loans totaling $122.2M.
How many SBA loans has Business Initiative Corporation of New York made?
Business Initiative Corporation of New York is associated with 113 SBA 504 and 7(a) loans totaling $122.2M in the public SBA data (as of 2026-03-31).
What is Business Initiative Corporation of New York's SBA charge-off rate?
Business Initiative Corporation of New York appears with only 6 7(a) loans in the data, too few for a charge-off rate to be meaningful as a track record. The SBA Lender Score treats fewer than 20 loans as insufficient data for the same reason; see our methodology.
Where does Business Initiative Corporation of New York do most of its SBA lending?
Business Initiative Corporation of New York's SBA lending in the data is most concentrated in New York, and by industry in Accommodation and Food Services.
Is Business Initiative Corporation of New York an SBA Preferred Lender (PLP)?
The loan record shows Business Initiative Corporation of New York operating under PLP delegated authority: 1 of its 7(a) loans (16.7%) were processed through the Preferred Lenders Program, including 1 in FY2024–2026. The SBA grants and renews PLP status and publishes no public roster, so this is the processing record, not a certification.
This page is the public view of your institution's SBA record: rank, trajectory, and market position, computed from the complete public 7(a)/504 dataset. The full competitive picture (your share against named competitors by state and industry, and the growing markets you're absent from) is available to your team.
Request your institution's benchmarking →Mario Bailey. (2026). Business Initiative Corporation of New York SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/business-initiative-corporation-of-new-york/
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