Loan Closings: Week of March 12, 2018

Monday, March 19, 2018 / Published in Featured News, Articles of Interest
Loan Closings: Week of March 12, 2018

Last week, NYBDC and affiliates provided more than $8.5 million in alternative financing to small businesses throughout New York and New Jersey. With our partners, we helped businesses purchase real estate, inventory, and complete construction.

  • $739,000 to purchase real estate for a restaurant in Suffolk County, NY.
  • $1,000,000 to purchase real estate for a motel in Warren County, NY.
  • $500,000 for inventory for an electronics store in Somerset County, NJ.
  • $1,719,000 to purchase real estate for a home health care services center in Kings County, NY.
  • $414,000 for construction for a lighting and sound services company in Orange County, NY.
  • $450,000 to purchase real estate for a bar in Rensselaer County, NY.
  • $2,000,000 to purchase real estate for a freight trucking company in Suffolk County, NY.
  • $1,308,000 to purchase real estate for a hotel in Saratoga County, NY.
  • $420,000 for construction for a recreational sports center in Albany County, NY.

Thank you to everyone who supports our mission. We look forward to doing business with you in the future!

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