Lumber City Development Lending Guidelines

Lumber City Development Corporation offers low-interest financing for business activities in North Tonawanda for eligible business uses including, but not limited to, financing for fixed assets, inventory, and working capital. The LCDC offers flexible rates, terms, and conditions. The streamlined process is easy to navigate and a financing package can be developed with other private and public lenders.

 

Eligible Projects
Business expansion or commercial real estate development in the City of North Tonawanda will be eligible to receive a business loan from the Lumber City Development Corporation.

 

Terms and Conditions
Business loan terms are flexible to accommodate business needs. Loans will be reviewed on a case-by-case basis. 

 

Applications and More Information
For more information on the program, or a loan application, call Michael Zimmerman at (716) 695-8580 x5515. Applicants should first discuss their business and financing needs with the LCDC prior to completing a loan application.

 

For your convenience, loan applications are available at the Development Corporation offices or can be downloaded from: Lumber City Loan Application