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NYBDC and Affiliate Clients Win National Small Business Week Awards

We are proud to announce that two NYBDC and affiliate The 504 Company clients have received Small Business Person of the Year Awards  from the U.S. Small Business Administration. Ethan Wendle and Matthew Chverchko of Diamondback Automotive...

Loan Closings: Week of April 29, 2019

We moved from April to May with an incredible week of lending, providing more than $12 million in financing last week for businesses throughout our footprint. Thank you to all our partners that work with us everyday to provide financing solutions to...

Loan Closings: Week of November 12

Monday, November 19, 2018
Loan Closings: Week of November 12

Last week, NYBDC and affiliates provided nearly $3 million in financing to small businesses in New York State to purchase real estate. We’re thankful to all our partners that work with us to provide alternative financing solutions to small...

Strengthening Communities Through Giving: The NYBDC Foundation

For more than 15 years, the NYBDC Foundation has furthered our mission of promoting business prosperity and economic welfare in the communities we serve through charitable giving. In 2017 alone, nearly 100 organizations received support from the...

Loan Closings: Week of December 25, 2017

We finished 2017 on a high note by providing more than $1.3 million in alternative financing to small businesses in the last week of December. This included:  $610,000 loan to purchase real estate for a restaurant in Essex County, NY. ...

Loan Closings: Week of December 11, 2017

Tuesday, December 19, 2017
Loan Closings: Week of December 11, 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! $350,000 loan to purchase real estate for...

Loan Closings: Week of December 4, 2017

Monday, December 11, 2017
Loan Closings: Week of December 4, 2017

Last week, NYBDC and affiliates The 504 Company and Excelsior Growth Fund provided more than $1 million in alternative financing to small businesses. Thank you to the partners who make our work possible! $118,250 loan for construction purposes for...

Loan Closings: Week of November 27, 2017

Wednesday, December 6, 2017
Loan Closings: Week of November 27, 2017

Last week, NYBDC and affiliates The 504 Company and Excelsior Growth Fund provided $800,000 in alternative financing to small businesses. Thank you to the partners who make our work possible! $600,000 loan to refinance debt for a restaurant in...

Loan Closings: Week of November 13, 2017

Monday, November 20, 2017
Loan Closings: Week of November 13, 2017

Last week, NYBDC and affiliates The 504 Company and Excelsior Growth Fund provided more than $8.2 million in alternative financing to small businesses. Thank you to the partners who make our work possible! $350,000 loan to purchase real estate for...

Loan Closings: Week of November 6, 2017

Wednesday, November 15, 2017
Loan Closings: Week of November 6, 2017

Last week, NYBDC and affiliates The 504 Company and Excelsior Growth Fund provided more than $5.5 million in alternative financing to small businesses. Thank you to the partners who make our work possible! $877,000 loan to purchase real estate for...

Benjamin Alexander Joins NYBDC's Syracuse Team

New York Business Development Corporation (NYBDC), a leading provider of alternative small business capital, is excited to announce the addition of Benjamin Alexander to its team. As a commercial loan officer at New York Business Development...

Loan Closings: Week of October 2, 2017

Tuesday, October 10, 2017
Loan Closings: Week of October 2, 2017

Last week, NYBDC and affiliates The 504 Company and Excelsior Growth Fund provided more than $1.9 million in alternative financing to small businesses. Thank you to the partners who make our work possible! $935,000 loan to purchase real estate for...

A Guide to Loan Programs for New York State Small Businesses

Whether you want to start a business, expand operations or export goods internationally, there are a variety of affordable and accessible loan programs designed to help small businesses in New York State succeed, including targeted programs for...

Loan Closings: Week of August 21, 2017

Tuesday, August 29, 2017
Loan Closings: Week of August 21, 2017

Last week, NYBDC and affiliates The 504 Company and Excelsior Growth Fund provided more than $2.4 million in alternative financing to small businesses. Thank you to the partners who make our work possible! $309,000 loan to purchase real estate for...

Loan Closings: Week of August 14, 2017

Monday, August 21, 2017
Loan Closings: Week of August 14, 2017

Last week, NYBDC and affiliates The 504 Company and Excelsior Growth Fund provided more than $3.4 million in alternative financing to small businesses. Thank you to the partners who make our work possible! $250,000 loan to purchase real estate for...

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