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Business Loans andEconomic Development Finance10 APR up to 500000 Long Islands Premiere Resource forLow Cost Small BusinessLoanssince 1980 VISIONThe vision of Long Island Development Corporation LIDC is a Long Island in which small business owners have access to low cost business capital and credible financial resources needed to grow today develop and increase their business capacity to succeed tomorrow. MISSION STATEMENT LIDC provides low cost loans small business technical assistance and privatepublic sector procurement resources that all aid in increasing business growth capacity and access to capital when the banks say no. PROGRAMS SERVICES An economic development small business lender that provides low cost loans through our revolving loan fund. Under LIDCs Targeted Loan fund we can lend up to 50000.