The annual SBA New York Office Lending Awards Ceremony took place November 21 in Jamaica, New York. The 504 Company, along with many other accomplished lenders, was recognized for their achievements.
The SBA Syracuse District Office released the 2014 fiscal year lending report, which shows that loans approvals are on the rise.
Since receiving an SBA 504 loan in 2008, Joseph Whaley, owner of 5th Avenue Chocolatiere, has grown his company to new heights. Today, the Chocolate Works franchise has expanded to 11 retail outlets and Whaley is finalizing his second 504 loan.
An SBA loan helped the owners of Buffalo Boss establish their organic chicken wing brand throughout Brooklyn.
Goldman Sachs and Surdna Foundation Program Awards $100,000 to Lenders in NY and CA for Excellence in Service to Underserved Communities
The Stony Brook University Incubator program connected Long Island pickle company, Divine Brine, with The 504 Company. The business received a loan through the Community Advantage program.
This past Saturday NYBDC staff volunteered with Habitat for Humanity of Schenectady County to help rebuild three homes.
This past week, Hi-Lite Markings celebrated their 25th Anniversary and securement of $7.1 million in loans.
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.
The Small Business Jobs Act's 504 Refinance Loan program helped refinance this business owner's debt at better rates and terms.
The new 504 Company website provides resources that small business owners need to help them get the capital to grow and expand their businesses.
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.