loans for
Working Capital
Buying A Business
Refinancing Debt
Equipment
Buildings /
Construction
Women & Minorities
Microloans
Empire Zone
Businesses
Veterans
types of loans
SBA 504
SBA 7(a)
USDA
Conventional, Non-Guaranteed Loan
tools
Payment Estimator
Forms
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Loans for Real Estate
NYBDC can only provide permanent
financing for real estate purchase and improvement. We do not provide
lines of credit or construction loans. We work with our partner
banks to provide the financing for real estate needs. If you have
a need for construction financing, we can assist you with the permanent “take out” financing
approval which provides comfort to the bank providing the construction
financing.
As a fixed asset lender, NYBDC
has a variety of different loan structures depending on how much
money you have to put as a down payment on the purchase. We can
fix the interest rate for up to 20 years with repayment terms as
long as 20 years. NYBDC’s
loan limits range from $50,000 to $1,500,000. We are a complement
to bank financing and do not compete with our partner banks. Many
loan structures include NYBDC, a partner bank and other subordinate
lenders which can bring the total financing to exceed $5 million.
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