Loan Closings: Week of June 26, 2017

Wednesday, July 5, 2017 / Published in Featured News, General News
Loan Closings: Week of June 26, 2017

Last week, NYBDC and affiliates The 504 Company and Excelsior Growth Fund provided more than $9 million in alternative financing to small businesses. Thank you to the partners who make our work possible!

  • $224,000 loan to purchase real estate for a Mexican restaurant in Dutchess County, New York.
  • $179,200 loan to purchase real estate for a Mexican restaurant in Dutchess County, New York.
  • $805,000 loan to refinance debt for a nursery school in Queens, New York.
  • $403,000 loan to purchase real estate for an optometrist office in Dutchess County, New York.
  • $4,500,000 loan to refinance debt for a natural foods grocery store in Albany County, New York.
  • $80,000 loan for leasehold improvements for a car wash in Westmoreland County, Pennsylvania.
  • $460,000 loan to refinance debt for offices of physical, occupational and speech therapists, and audiologists in Kings County, New York.
  • $2,200,000 loan to purchase real estate for a lumber, plywood, millwork and wood panel merchant wholesaler in Schenectady County, New York.
  • $200,000 loan for leasehold improvements for a restaurant in Schenectady County, New York.

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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