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Update on U.S. Food & Beverage Manufacturers

BMO Capital Markets released a report on the state of the food and beverage manufacturers market.

Lender Q&A: Does NYBDC Offer Lines of Credit?

This week's lender Q&A discusses lines of credit.

Three Steps to Becoming an NYBDC Community Partner

We’re launching new series called "Did You Know?" which will provide step-by-step information on small business lending. This week we're focusing on community partnerships.

Runner & Stone - Brooklyn, NY

Tuesday, March 11, 2014
Runner & Stone - Brooklyn, NY

When Runner & Stone, an artisanal bread baking business, sought to expand beyond its food stand at Brooklyn's outdoor market Smorgasburg, owners Christopher Pizzulli and Peter Endriss were unable to find bank financing. NYBDC was able to help.

SBA Releases Quarterly Employment Bulletin

The SBA Office of Advocacy released their Quarterly Employment Bulletin, which highlights small business employment data from the fourth quarter of 2013.

Alchemy Post Sound - Peekskill, NY

Monday, March 3, 2014
Alchemy Post Sound - Peekskill, NY

This unique business accessed capital to finance the conversion of a former warehouse into a soundproof studio where they record sounds for film and television soundtracks.

Lucky's Real Tomatoes - Brooklyn, NY

Monday, February 24, 2014
Lucky's Real Tomatoes - Brooklyn, NY

The Superstorm Sandy Emergency Loan Program helped Lucky's Real Tomatoes rebuild after the Brooklyn-based business was severely damaged by the storm.

Empire State CDC: The 504 Company Client, Will2Lose Fitness Club, is Featured in 914 Inc. Magazine.

Vito DiMatteo, owner of Will2Lose Fitness Club, utilized the SBA 504 program to purchase the building his fitness center is located in. The Scarsdale business owner is enjoying much success and was recently featured in 914 Inc. Magazine.

NYBDC Announced $100,000 Grant to Support Red Hook Initiative's 500 Futures Campaign

NYBDC has approved a $100,000 grant to Red Hook Initiative (“RHI”) in support of their 500 Futures campaign.

NYBDC Makes Donations to Six Brooklyn Area Food Pantries to Honor Outgoing Brooklyn President and Local Banker

New York Business Development Corporation Foundation today made six $1,000 donations to Brooklyn food pantries to honor outgoing Brooklyn Borough President Marty Markowitz and TD Bank’s Phil Stenger.

Brooklyn Chamber and NYBDC Awards $430,000 in 'Brooklyn Fund' Loans to Two Local, Immigrant-Owned Businesses

New York Business Development Corporation, in partnership with the Brooklyn Chamber of Commerce, has approved the first two loans under 'The Brooklyn Fund' to local, immigrant-owned businesses.

NYBDC Helps Keep Manufacturing Business in Binghamton

Longtime engineering hardware company, Nielsen Hardware, was able to remain a local business thanks to the Binghamton Local Development Corporation, First Niagara Bank and New York Business Development Corporation.

NYBDC President Pat MacKrell Discusses Lending in an Interview with Bob Coleman

After speaking at the SBA's Secondary Market Forum NYBDC President, Pat MacKrell, gives further insight into how NYBDC leverages lending partners to help finance businesses.

 Community Partner Highlight: Lourdes Zapata, Senior Vice President and Jamila Diaz, Senior Director, Business Services, at SoBro

South Bronx Overall Economic Development Corporation has been assisting Bronx businesses since 1972. Find out what initiatives they've undertaken in this week's Community Partner Highlight.

NYBDC is Awarded at the SBA's New York District Lender Awards

The annual SBA New York Office Lending Awards Ceremony took place December 3rd in Jamaica, New York. NYBDC, along with many other accomplished lenders, was recognized for their achievements.

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