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NADCO's Small Business Lending Report: September 504 Rates Remain Well Below 12-Month Average

NADCO's September SBLR shows that SBA 504 Interest Rates are favoring the borrower.

Upcoming Event: 'Bridge to Success' Seminar

The Bridge to Success workshop will be taking place on August 11, 2014. Click here for further details.

Brooklyn Chamber and NYBDC Celebrate 1 Year Anniversary of The Brooklyn Fund

We're celebrating the 1 Year Anniversary and over $1 Million Dollars in Small Business Loans from The Brooklyn Fund.

Upcoming Event: Funding for Food Businesses Workshop

Are you a food business seeking financing? Join us Tuesday, March 18th to learn about how the NYC Food Manufacturers Growth Fund is an available option for your business.

Empire State CDC: The 504 Company Client, Will2Lose Fitness Club, is Featured in 914 Inc. Magazine.

Vito DiMatteo, owner of Will2Lose Fitness Club, utilized the SBA 504 program to purchase the building his fitness center is located in. The Scarsdale business owner is enjoying much success and was recently featured in 914 Inc. Magazine.

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.

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