Loans for Purchasing Equipment & Machinery
NYBDC finances many different types of equipment in various industries including restaurants, manufacturers, printers, etc. Financing requests can be both for stand-alone equipment and as part of more complex projects involving real estate, working capital, etc.
The maximum loan term is dependent on the useful life of the equipment. Equipment with a useful life of at least ten years will qualify for the SBA 504 Loan Program.
For more detailed information, please contact your NYBDC representative.
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