Loan Closings: Week of September 25, 2017

Monday, October 2, 2017 / Published in Featured News, Articles of Interest
Loan Closings: Week of September 25, 2017

Last week, NYBDC and affiliates The 504 Company and Excelsior Growth Fund provided more than $2.3 million in alternative financing to small businesses. Thank you to the partners who make our work possible!

  • $963,000 loan to purchase real estate for a physician’s office in New York, NY.
  • $1,239,000 loan to purchase real estate for a furniture wholesalers company in Passaic County, NJ.
  • $50,000 loan to refinance debt for a contracting company in Beaver County, PA.
  • $100,000 loan for working capital for a telecommunications company in Philadelphia County, PA.

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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