Government Financing Programs
Find out how you can obtain credit enhancements such as loan guarantees, low-interest loan programs, tax reductions and grants through our working relationship with local and state agencies.
Rely on M&T for experience in obtaining government-backed financial support for our clients. New York State offers the following programs:
New York State Linked Deposit Loan Program
Eligible manufacturing and service sector businesses can access interest rate reductions (currently 2–3 percentage points) for up to four years on commercial loans and commercial mortgages. This contributes to increased productivity, performance and competitiveness.
Empire State Development Details >
You can apply for the program by calling the M&T Commercial Service Team at 1-800-724-2240, or contacting your M&T Relationship Manager.
The NYSERDA Green Jobs Multifamily Performance Program (MPP)
For eligible building developers and owners, this program offers borrowers low-interest financing as well as cash incentives on energy efficiency improvements made on multifamily properties. State financing is provided by promoting energy efficiency and the installation of clean technologies to reduce energy costs and greenhouse gas emissions.
For this program, you will first need to apply through the NYSERDA to get approval for funding. Then you can call the M&T Commercial Service Team at 1-800-724-2240, or contact your M&T Relationship Manager to learn more about M&T financing.