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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.

April is Encore Entrepreneurship Month

The SBA and AARP have teamed up to assist entrepreneurs 50 years and older start and expand their businesses.

Rock City Media - Woodstock, NY

Tuesday, April 8, 2014
Rock City Media - Woodstock, NY

The SBA 7(a) loan program allowed the owners of Rock City Media, an outdoor billboard advertising company, the ability refinance their debt and secure a better interest rate.

Community Partner Highlight: Maureen Halahan, President and CEO, Orange County Partnership

Find out how the Orange County Partnership has been helping businesses for over 27 years in this week's Community Partner Highlight.

Morris Kitchen - Brooklyn, New York

Tuesday, March 25, 2014
Morris Kitchen - Brooklyn, New York

Kari Morris, owner of Morris Kitchen, received a loan through the NYC Food Manufacturers Growth Fund. She used the loan to increase inventory of her specialty syrups business.

504 and 7(a) Loan Program Updates

Friday, March 21, 2014
504 and 7(a) Loan Program Updates

The SBA has released a notice announcing updates to their loan programs.

SBA 7(a) Fee Clarification

Wednesday, March 19, 2014
SBA 7(a) Fee Clarification

The SBA Information Notice 5000-1309 provides clarification on the SBA Fiscal Year 2014 reduction in fees for all 7(a) loans of $150,000 or less.

Three Resources to Use When Writing a Business Plan

Click below to find out what resources are available for business plan writing.

Alvin & Friends - New Rochelle, NY

Tuesday, March 18, 2014
Alvin & Friends - New Rochelle, NY

This Southern-Caribbean restaurant was able to expand with a loan through the SBA 504 program, facilitated by The 504 Company and JP Morgan Chase bank.

Update on U.S. Food & Beverage Manufacturers

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

Upcoming Event: Funding for Food Businesses Workshop

Are you a food business seeking financing? Join us Tuesday, March 18th to learn about how the NYC Food Manufacturers Growth Fund is an available option for your business.

Lender Q&A: Does NYBDC Offer Lines of Credit?

This week's lender Q&A discusses lines of credit.

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.

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.

Runner & Stone - Brooklyn, NY

Tuesday, March 11, 2014
Runner & Stone - Brooklyn, NY

When Runner & Stone, an artisanal bread baking business, sought to expand beyond its food stand at Brooklyn's outdoor market Smorgasburg, owners Christopher Pizzulli and Peter Endriss were unable to find bank financing. NYBDC was able to help.

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