Loan Closings: Week of June 12, 2017

Tuesday, June 20, 2017 / Published in Featured News, Articles of Interest
Loan Closings: Week of June 12, 2017

Last week, NYBDC and affiliates The 504 Company and Excelsior Growth Fund provided more than $6.8 million in alternative financing to small businesses. Thank you to the partners who make our work possible!

  • $907,200 loan to be used for construction for a warehouse leasing company.
  • $330,100 loan to be used for construction for a fitness center in Ocean County, NJ.
  • $155,000 loan to purchase real estate for an architectural services company in Putnam County, NY.
  • $377,000 loan to purchase real estate for a hospitality company in Essex County, NY.
  • $2,945,000 loan to purchase real estate for a wholesale company in Somerset, NY.
  • $358,000 loan to purchase real estate for a furniture company in Suffolk County, NY.
  • $132,000 loan to purchase real estate for a childcare services company in Saratoga County, NY.
  • $1,281,105 loan to be used for construction for a restaurant in Nassau County, NY.
  • $835,000 loan to purchase real estate for a clothing retailer in Nassau 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

TOP