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NYBDC Announced $100,000 Grant to Support Red Hook Initiative's 500 Futures Campaign

NYBDC has approved a $100,000 grant to Red Hook Initiative (“RHI”) in support of their 500 Futures campaign.

Upcoming Event: Small Business Education Seminar

NYBDC loan officers, Yuri Schmidt and Arami Jung will be featured panelists at the upcoming Small Business Seminar. Click below for registration details.

NYBDC Makes Donations to Six Brooklyn Area Food Pantries to Honor Outgoing Brooklyn President and Local Banker

New York Business Development Corporation Foundation today made six $1,000 donations to Brooklyn food pantries to honor outgoing Brooklyn Borough President Marty Markowitz and TD Bank’s Phil Stenger.

Brooklyn Chamber and NYBDC Awards $430,000 in 'Brooklyn Fund' Loans to Two Local, Immigrant-Owned Businesses

New York Business Development Corporation, in partnership with the Brooklyn Chamber of Commerce, has approved the first two loans under 'The Brooklyn Fund' to local, immigrant-owned businesses.

NYBDC Helps Keep Manufacturing Business in Binghamton

Longtime engineering hardware company, Nielsen Hardware, was able to remain a local business thanks to the Binghamton Local Development Corporation, First Niagara Bank and New York Business Development Corporation.

NYBDC President Pat MacKrell Discusses Lending in an Interview with Bob Coleman

After speaking at the SBA's Secondary Market Forum NYBDC President, Pat MacKrell, gives further insight into how NYBDC leverages lending partners to help finance businesses.

NYBDC is Awarded at the SBA's New York District Lender Awards

The annual SBA New York Office Lending Awards Ceremony took place December 3rd in Jamaica, New York. NYBDC, along with many other accomplished lenders, was recognized for their achievements.

NADCO's VetLoan Advantage Program and NYBDC Featured on TV News

Joe Whaley is the owner of a chocolate company in Valley Stream, NY. As a Veteran of the Iraq war he utilized the VetLoan Advantage program to help finance his business.

NYBDC Volunteers through The Tunnel to Towers Foundation to Rebuild Staten Island Homes Damaged by Sandy

On Saturday November 16th, thirty NYBDC employees volunteered to help rebuild two houses damaged by Hurricane Sandy in Staten Island, NY.

SVP Tom McHale Participates in the First-Ever Finance Solutions Cafe at the SIOR Convention

NADCO and The Society of Industrial and Office Realtors present the first-ever Finance Solutions Pavilion at SIOR's Annual Convention in Chicago. Tom McHale attended to represent The 504 Company.

NYBDC Hosts NYC Food Manufacturer's Growth Fund Consortium Event

NYBDC and EWVIDCO hosted a meeting to discuss the progress of The Food Manufacturer's Growth Fund and to hear from the various City-based service providers about the needs of food businesses in their areas.

EWVIDCO and SBIDC Host Financing Workshop for Food Entrepreneurs

It's can be challenging for food entrepreneurs to find funding for their businesses. EWVIDCO's financing workshops, highlighting the NYC Food Manufacturers Growth Fund, serve as a means to help bring awareness to available financing opportunities.

Important Notice: Debenture Funding Schedule

Click here to read the release from Development Company Finance LLC regarding the Debenture Funding schedule.

NYBDC is Recognized for Continued Commitment to NYC's Small Businesses

NYBDC President Pat MacKrell, was recognized by Mayor Michael Bloomberg earlier this week to acknowledge NYBDC's commitment to helping businesses throughout New York City.

KoreaDaily Monthly Feature: 504 Technical Assistance Providers

There are many technical assistance providers available throughout New York City to help applicants when preparing an SBA 504 Loan Package. NYBDC loan officer, Arami Jung, identifies them in yesterday's publication of KoreaDaily.

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