Loan Closings: Week of December 4, 2017

Monday, December 11, 2017 / Published in Featured News, General News
Loan Closings: Week of December 4, 2017

Last week, NYBDC and affiliates The 504 Company and Excelsior Growth Fund provided more than $1 million in alternative financing to small businesses. Thank you to the partners who make our work possible!

  • $118,250 loan for construction purposes for a construction company in Orange County, NY.
  • $590,000 loan to purchase real estate for a hotel in Sullivan County, NY.
  • $100,000 loan for working capital for fitness center in Dutchess County, NY.
  • $75,000 loan to purchase equipment for a brewery in Nassau County, NY.
  • $39,200 loan for franchise fees for a home health care company in Rensselaer County, NY.
  • $60,000 loan to purchase inventory for a retail swimwear company in Kings County, NY.
  • $30,000 loan for working capital for a maintenance construction company in Hudson County, NJ.

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? Contact us today!

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