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NYBDC
 
   Mission

 
   Annual Reports
 
   Board of Directors
   & Shareholders

 
   Regional Loan &
   Advisory Committees

  

   Press Releases


Empire State CDC:
The 504 Company

 
   Board of Directors

 
Statewide Zone
Capital Corporation

 
   Board of Directors
   & Shareholders

 
   Regional Loan &
   Advisory Committees

   
NYBDC
 
Created by an act of the New York State Legislature in 1955, New York Business Development Corporation (NYBDC) is a private corporation with more than 140 New York State banks participating as members. Its mandate includes promoting employment and economic development in New York State through long-term loans to creditworthy small businesses in participation with our member banks and other lending partners.
 
Through NYBDC, businesses in New York State have the opportunity to obtain financing that may not be available through conventional means. Interest rates are competitive and applications are handled expeditiously.
 
Our Committment
NYBDC honors the commitment to its lending partners and the small business community by making every effort possible to find a way to do the loan, including but not limited to alternative sources of collateral, adding SBA or USDA guarantees and offering flexible repayment terms.
 
NYBDC seeks a lending partner on every transaction. We do not compete with our lending partners.
 
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Highlights:
 • Innovative loan structuring
 • Longer repayment terms
 • Fixed and variable interest rates

 
Use of Funds:
 • Working capital
 • Owner-occupied real estate
 • Leasehold improvements
 • Machinery and equipment
 • Debt refinancing
 • Business acquisitions
 
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New York Business Development Corporation  |  Empire State CDC: The 504 Company  |  Statewide Zone Capital Corporation  |  Corporate Headquarters: 50 Beaver Street, Albany, NY 12207  |  1-800-9-BDC-504
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