The financing, which will come out of the city’s newly created Small Business Opportunity Fund, will be floated through $50 million from Goldman Sachs and $25 million in taxpayer revenue.The city estimates that approximately 1,500 local businesses will receive loans at a 4% interest rate through the fund.
By Chris Taylor NEW YORK (Reuters) - If there was only one word to sum up 2022, "unpredictable" might be the most accurate. Yet we all enjoy trying to.