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

Thursday, March 13, 2014 / Published in Featured News, Lender Q&A
Lender Q&A: Does NYBDC Offer Lines of Credit?

Does NYBDC Offer Lines of Credit? 

Answer by Dave Hanold, Vice President 

NYBDC offers the SBA CapLine program, which is a particular line of credit program offered by the SBA. It is offered primarily for contractors and to fund certain current assets on a business balance sheet (Accounts Receivable and Inventory). These are specific line of credit products that are not easily comparable to a bank line of credit. 

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