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Loan Closings: Week of September 11, 2017

Monday, September 18, 2017
Loan Closings: Week of September 11, 2017

Last week, NYBDC and affiliates The 504 Company and Excelsior Growth Fund provided more than $1.4 million in alternative financing to small businesses. Thank you to the partners who make our work possible! $256,000 loan to purchase real estate for...

Loan Closings: Week of September 4, 2017

Monday, September 11, 2017
Loan Closings: Week of September 4, 2017

Last week, NYBDC and affiliates The 504 Company and Excelsior Growth Fund provided more than $4.5 million in alternative financing to small businesses. Thank you to the partners who make our work possible! $521,000 loan to refinance debt for a...

Loan Closings: Week of August 28, 2017

Wednesday, September 6, 2017
Loan Closings: Week of August 28, 2017

Last week, NYBDC and affiliates The 504 Company and Excelsior Growth Fund provided more than $3.8 million in alternative financing to small businesses. Thank you to the partners who make our work possible! $309,000 loan to purchase real estate for...

NBT Bank's Hallak-Serwatka Named Lender of the Year

UTICA, NY (August 11, 2016) – NBT Bank Regional President John Buffa announced that Senior Commercial Banking Relationship Manager Mary Ann Hallak-Serwatka has been named the 2016 Lender of the Year by the New York Business Development...

Salty Road - New York, NY

Monday, July 11, 2016
Salty Road - New York, NY

Back in 2011, Marisa Wu, owner of Salty Road, an artisanal salty water taffy manufacturer, decided it was time to move her business to a factory of its own. Through NYBDC's Industrial Neighborhood Business Fund (previously the Food Manufacturers'...

Kevin O'Leary Promoted to SVP and New York Metro Team Leader

Kevin O’Leary was promoted to senior vice president and New York Metro team leader from vice president at the New York Business Development Corporation (NYBDC).  In this position, he is responsible for managing a team of lenders and all of...

Regulatory Capital Rules

Monday, April 14, 2014
Regulatory Capital Rules

The Office of the Comptroller of the Currency released a document on the final rule.

Update on U.S. Food & Beverage Manufacturers

BMO Capital Markets released a report on the state of the food and beverage manufacturers market.

Three Steps to Becoming an NYBDC Community Partner

We’re launching new series called "Did You Know?" which will provide step-by-step information on small business lending. This week we're focusing on community partnerships.

NFIB Small Business Economic Trends Report

Wednesday, March 12, 2014
NFIB Small Business Economic Trends Report

The NFIB released the Small Business Economic Trends Report. You can access the full report via the link provided.

SBA Releases Quarterly Employment Bulletin

The SBA Office of Advocacy released their Quarterly Employment Bulletin, which highlights small business employment data from the fourth quarter of 2013.

NYS Comptroller Thomas DiNapoli Announced NYBDC Loan to Nirvana Water

NYBDC helps fund Boonville business, Nirvana Water. On Wednesday, August 21st, NYS Comptroller Thomas DiNapoli visits the company headquarters to make the announcement of the loan.

'Financial Technology Trends in the Underbanked Market' Research Report Released

The Center for Financial Services Innovation, Core Innovation Capital and Morgan Stanley released interesting findings around how to serve the Underbanked market.

2011 Underbanked Market Sizing Study

Wednesday, May 22, 2013
2011 Underbanked Market Sizing Study

Released in November 2012 by Morgan Stanley, the Market Sizing Study provides a detailed analysis of the Underbanked Market.

SBA's Certified Development Company/504 Loan Program: Small Businesses' Window to Wall Street

Click "Read More" to access this article from the Community Affairs Department of the Comptroller of the Currency

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