Loan Closings: Week of July 24, 2017

Tuesday, August 1, 2017 / Published in Featured News, General News
Loan Closings: Week of July 24, 2017

Last week, NYBDC and affiliates The 504 Company and Excelsior Growth Fund provided more than $5.3 million in alternative financing to small businesses. Thank you to the partners who make our work possible!

  • $400,000 loan to refinance debt for a lighting fixture manufacturing company in Kings County, NY.
  • $350,000 loan for renovations for a social club located in New York, NY.
  • $300,000 loan for leasehold improvements for a restaurant in New York, NY.
  • $2,046,000 loan to purchase real estate for an aluminum and plastic packaging manufacturing company in Suffolk County, NY.
  • $1,332,416 loan to purchase real estate for an aluminum and plastic packaging manufacturing company in Suffolk County, NY.
  • $930,000 loan to purchase real estate for a lighting fixture manufacturing company in Kings 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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