linked deposit program
Sunmark is pleased to introduce the Linked Deposit Program (LDP). This partnership with New York State helps existing businesses obtain reduced-rate financing in an effort to improve their companies. The program encourages and assists eligible businesses within the state to make investments that contribute to improved performance and competitiveness, leading to a stronger economic climate for New York State.
Eligible Exisiting new york state Businesses
Professional, personal service and retail businesses are not eligible for assistance unless they employ 100 or fewer and are located in a highly distressed census tract. LDP cannot assist startups or companies that are not currently headquartered in New York State. Eligible businesses are subject to credit approval.
The Linked Deposit Program is a New York State government program between the Empire State Development department, the NYS Comptroller, and the NYS Taxation and Finance department. For more information regarding New York State's Linked Deposit Program, please click here.
Business Services Team