Loan Closings: Week of October 23, 2017

Monday, October 30, 2017 / Published in Featured News, Articles of Interest
Loan Closings: Week of October 23, 2017

Last week, NYBDC and affiliates The 504 Company and Excelsior Growth Fund provided more than $3.8 million in alternative financing to small businesses. Thank you to the partners who make our work possible!

  • $250,000 loan to refinance debt for a computer programming services company in Hudson County, NJ.
  • $100,000 loan for working capital a restaurant in Albany County, NY.
  • $461,000 loan to purchase real estate for a child daycare services company in Dutchess County, NY.
  • $2,623,500 loan to purchase equipment for a food manufacturing company in Rensselaer County, NY.
  • $100,000 loan for working capital for a machine shop in Suffolk County, NY.
  • $50,000 loan for working capital for pest control company in Bronx County, NY.
  • $100,000 loan for inventory needs for a hair salon in New York, NY.
  • $50,000 loan for working capital for a consulting firm in Kings County, NY.
  • $50,000 loan for working capital for a child daycare services company in Dutchess County, NY.
  • $10,000 loan for working capital for a construction company in New York, NY.
  • $100,000 for working capital for a technical consulting services company in Orange 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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