Expansion of Buffalo Building Reuse Project Loan Fund Boosts Potential for Redevelopment Opportunities in Downtown Buffalo
The Buffalo Niagara Partnership and the City of Buffalo announced today that a loan fund created through the Buffalo Building Reuse Project (BBRP) has significantly increased its capacity to spur redevelopment projects in downtown Buffalo.
When traditional financing was not an option, a loan through NYBDC affiliate, The 504 Company, provided the funds for Mangino Buick to build a state-of-the-art dealership that helped grow their business and create new jobs.
Excelsior Growth Fund, a not-for-profit CDFI and NYBDC affiliate, launched an online lending platform to provide affordable capital to small business through a simple online portal.
Etsy recently announced the creation of The Regenerative Entrepreneur NYC Program Pilot, a business education program for entrepreneurs.
Brooklyn-based, Nextdoorganics, was able to expand and accelerate growth through a Community Advantage loan.
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NYBDC Affiliate, The 504 Company, named 2015 Community Advantage Lender of the Year by U.S. Small Business Administration
The 504 Company has been selected by the SBA as the 2015 Community Advantage Lender of the Year. The award will be presented at a ceremony and reception at the White House, on Friday, May 8, during National Small Business Week.
Hi-Lite Airfield Services, which began as a highway and airport-striping business 25 years ago, has developed into an industry-leading airfield contractor. Find out how the business accessed capital to grow and expand.
The Capital Access loan program helped ship owner, Milos Simovic, access the funding needed to renovate his 125-foot fishing trawler into an expedition and research yacht.
Join Community Capital New York, Key Bank and NYBDC to learn how community lending helped Yonkers Brewing Company start and grow.
The 504 and 7(a) loan program was used to help Z-Axis, a Rochester based manufacturing company, buy the business, access funds for working capital and equipment purchases.
Empire State CDC: The 504 Company was recognized by the SBA as the top Community Advantage lender in the nation.
A loan through the Brooklyn Fund helped the owners of Fresh Fanatic Inc. pay off existing debt, as well as renovate and expand their 5,000 square-foot grocery store in Clinton Hills.
Felix Schwartz and Nataliya Antipova were discouraged by the terms offered by traditional lenders when they sought funding for their fifth Edible Arrangements location. They then discovered they were a good fit for The Brooklyn Fund.
The 504 Company approved a loan to help the owners of The Live Well Company expand beyond their home-based personal training studio and open and renovate a brick-and-mortar studio in NYC.