Loan Closings: Week of June 19, 2017

Monday, June 26, 2017 / Published in Featured News, General News
Loan Closings: Week of June 19, 2017

Last week, NYBDC and affiliates The 504 Company and Excelsior Growth Fund provided more than $1.2 million in alternative financing to small businesses. Thank you to the partners who make our work possible!

  • $433,000 loan to purchase real estate for an acupuncturist in Suffolk County, NY.
  • $75,000 loan to refinance debt for an auto body shop in Erie County, NY.
  • $120,000 loan to purchase real estate for a beauty salon in New York, NY.
  • $281,000 loan to purchase real estate for a fitness and recreational sports center in Saratoga County, NY.
  • $254,000 loan to purchase real estate for a collection agency in Saratoga County, NY.
  • $50,000 loan to refinance debt for a florist in Kings County, 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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