Loan Closings: Week of August 28, 2017

Wednesday, September 6, 2017 / Published in Featured News, Articles of Interest
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 a household furniture manufacturer in Allegheny County, PA.
  • $150,000 loan for working capital for a transportation company in Rockland County, NY.
  • $907,000 loan to purchase real estate for a contracting company in Westchester County, NY.
  • $398,000 loan to purchase real estate for an office supplies manufacturer in Middlesex, NJ.
  • 100,000 loan to refinance debt for a direct selling establishment in New York, NY.
  • $700,000 loan to purchase equipment for a promotion company in Kings County, NY.
  • $1,065,000 loan to purchase real estate for a nondurable goods merchant wholesaler in Nassau County, NY.
  • $50,000 loan for working capital for a restaurant in New York, NY.
  • $100,000 loan for working capital for a collections company in Niagara County, NY.
  • $100,000 loan for working capital for a wine distributing company in New York, 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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