Loan Closings: Week of July 17, 2017

Monday, July 24, 2017 / Published in Featured News, General News
Loan Closings: Week of July 17, 2017

Last week, NYBDC and affiliates The 504 Company and Excelsior Growth Fund provided more than $2.1 million in alternative financing to small businesses. Thank you to the partners who make our work possible!

  • $250,000 loan for leasehold improvements for a restaurant located in Albany County, NY
  • $400,000 loan for working capital for a restaurant located in New York, NY.
  • $575,000 loan to purchase real estate for an electrical apparatus and equipment company in Suffolk County, NY.
  • $460,000 loan to purchase real estate for an electrical apparatus and equipment company in Suffolk County, NY.
  • $473,000 loan to purchase real estate for an electrical apparatus and equipment company in Suffolk County, NY.

We offer a full suite of alternative small business financing products including SBA 504, 7(a) and Community Advantage loans, as well as online loans. Interested in partnering? Call Kevin Gallagher, Head of Business Development, at 1-877-575-9281 or visit www.nybdc.com.

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