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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Last week, NYBDC and affiliates provided more than $8.5 million in alternative financing to small...
Last week NYBDC and affiliates provided over $9.4 million in financing to small businesses. With the...
Last week, NYBDC and affiliates provided more than $2.5 million in alternative financing to small...
NYBDC and its affiliates are dedicated to helping small businesses access responsible funding...
NYBDC and affiliates are committed to helping small businesses grow and access the capital they need...