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NYBDC Volunteers with Habitat For Humanity

This past Saturday NYBDC staff volunteered with Habitat for Humanity of Schenectady County to help rebuild three homes.

NYBDC Client Hi-Lite Markings Celebrates 25th Anniversary

This past week, Hi-Lite Markings celebrated their 25th Anniversary and securement of $7.1 million in loans.

Business Mentor NY Provides Opportunities for Small Business Owners and Mentors to Connect

Did you know that businesses with mentors have a higher survival rate than those without? Business Mentor NY is an initiative designed to help make the connections between small business owners and experienced professionals.

CityView Racquet Club - Long Island City, NY

Thursday, September 25, 2014
CityView Racquet Club - Long Island City, NY

The Small Business Jobs Act's 504 Refinance Loan program helped refinance this business owner's debt at better rates and terms.

The 504 Company Launches New Website to Help Small Business Owners get Access to Loan Programs

The new 504 Company website provides resources that small business owners need to help them get the capital to grow and expand their businesses.

NADCO's Small Business Lending Report: September 504 Rates Remain Well Below 12-Month Average

NADCO's September SBLR shows that SBA 504 Interest Rates are favoring the borrower.

Sleepworks Mattress and Furniture - Massapequa Park, NY

The Small Business Jobs Act's 504 Loan Refinance program helped the owner of Sleepworks Mattress and Furniture to refinance existing debt, allowing the business owner to expand and open additional stores.

Lender Q&A: Does the SBA still place personal liquidity thresholds on loan applicants?

Click read more for the answer to this week's question.

K. Sidrane Inc. - Farmingdale, NY

Wednesday, August 27, 2014
K. Sidrane Inc. - Farmingdale, NY

A 504 loan helped the owner of longtime Long Island printing business, K. Sidrane, fund the purchase of a new space in the aftermath of Superstorm Sandy.

Shmaltz Brewing Co. - Clifton Park, NY

Wednesday, August 13, 2014
Shmaltz Brewing Co. - Clifton Park, NY

A 504 loan provided in partnership by The 504 Company and Ballston Spa National Bank allowed Shmaltz Brewing to open its first brewery and tasting room in Clifton Park, New York.

Copake KOA Campground - Copake, NY

Tuesday, August 5, 2014
Copake KOA Campground - Copake, NY

The Small Business Jobs Act's 504 Refinance Loan program helped the owners of Copake KOA refinance the debt incurred after a microstorm severely damaged their campground.

Jolin Machining Corp. - Bohemia, NY

Wednesday, July 30, 2014
Jolin Machining Corp. - Bohemia, NY

After years of operating in crowded manufacturing space, John Lutjen committed to buying a larger building to run his established machine shop. The 504 Company provided the funding he needed to buy and equip a space just one block away.

Upcoming Event: 'Bridge to Success' Seminar

The Bridge to Success workshop will be taking place on August 11, 2014. Click here for further details.

The Great Tree Inn - Mayville, NY

Tuesday, July 22, 2014
The Great Tree Inn - Mayville, NY

Both Mark and Sheila Dowhy were well established in their respective professions in the health care industry when they decided to pursue a dream of opening a bed and breakfast.

Norman and Jules Toy Shop - Brooklyn, NY

The owners of Norman & Jules Toy Shop accessed capital through The Brooklyn Fund to refinance their existing debt. This allowed them the working capital needed to grown their Brooklyn-based business.

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