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New York Business
Development Corporation
February
2007 On-Line Newsletter
 Message from the President and CEO
Patrick J. MacKrell
Dear Friends,
Mardi Gras is behind
us and March Madness is just around the corner. We are
working on exciting and challenging deals across New York
State.
We are the 7(a) experts! In this month's
Lender's Corner, Dave Terrenzio, our Executive Vice
President, discusses how we can assist our partners originate, process and close 7(a) loans. Let us be your
SBA department!
Our Success
Story of the Month is about a great business with terrific potential and a transaction
that needed a little help from NYBDC and SBA to get the deal done.
Our support of the
project made the difference. This loan highlights our
role as an SBA 7(a) lender. We can handle the entire SBA
relationship while our lending partners benefit from the
guaranty.
Cedric Carter is featured this
month in our
Employee Spotlight
and in also in our
News Highlights. Cedric has been with NYBDC for three
years as a loan officer, but is now working with partners in
the Hudson Valley Region to make some new success stories.
This month we feature NYSERDA
on our
Partner Page. It is well worth the read to find out more
about how to save money with the Energy Smart
Loan Program.
As always, it is interesting to see last month’s loan
approvals listed in the
January
2007 Loan Approvals section. Your name/bank could be listed.
Finally, please review the
announcement for the 9th Annual Small Business Excellence
Awards luncheons in Albany and Syracuse. We also have two new
events listed on our
Upcoming Events page.
There is a lot of valuable
information in this newsletter, in past issues, and on the
pages of our website,
www.nybdc.com. Your ideas on how to improve our
newsletter and website can be sent to
lcouture@nybdc.com.
Sincerely,
Pat
SBA 504 Program
Effective Rates
10
Year Term ($1MM+)..................6.44%
20 Year Term
($1MM+)..................6.46%
If you would
like to print our newsletter for your records
you may download this issue by clicking on the link below:
Download
our February 2007 newsletter in
PDF format
New York Business Development Corporation (NYBDC)
Empire State CDC: The 504 Company
Statewide Zone Capital Corporation (SZCC)
Corporate Headquarters: 50 Beaver Street, Albany, NY
12207
1-800-9-BDC-504 ∙
www.nybdc.com
Lender's Corner ∙
Success Story
∙
News Highlights ∙
Upcoming Events ∙
Employee Spotlight ∙
Partner Page ∙
January Loan Approvals ∙
Current Loan Rates ∙
Contact
Us
Our Success
is Your Success - The process is easy; the possibilities are endless.
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