NYS Department of Transportation & Empire State Development -
Transportation Capital Assistance Program


ESD administers a loan program for the NYS Department of Transportation (NYSDOT). The program provides government contractor working capital loans to small business enterprises and NYS-certified minority and women-owned business enterprises (MWBEs) that have transportation-related construction contracts with or who are subcontractors of contractors having transportation-related contracts with NYSDOT. The program operates as a revolving fund and funds usually become available when prior loans are repaid. Approximately $1 million is now available for lending.
Details include:

  • Loan amounts are from $20,000 to $500,000
  • The interest rate will be prime, fixed at closing
  • Terms will be coterminous with the term of the contract.


Contractors that have been awarded a contract but have not begun work on the contract are eligible. Applications are accepted continuously.


Ron Novita
Empire State Development
(212) 803-3216 
David Perez
NYS Department of Transportation
(518) 402-0669

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