Loan Closings: Week of September 11, 2017

Monday, September 18, 2017 / Published in Featured News, Articles of Interest
Loan Closings: Week of September 11, 2017

Last week, NYBDC and affiliates The 504 Company and Excelsior Growth Fund provided more than $1.4 million in alternative financing to small businesses. Thank you to the partners who make our work possible!

  • $256,000 loan to purchase real estate for a sports and recreation company in Madison County, NY.
  • $294,000 loan to purchase real estate for a lessor of nonresidential buildings in Suffolk County, NY.
  • $459,000 loan to purchase real estate for a real estate agency in New York, NY.
  • $80,000 loan to refinance debt for a bakery in Nassau County, NY.
  • $200,000 loan for working capital for a financial consultant firm in New York, NY.
  • $100,000 loan for working capital for an auto repair company in Kings County, NY.
  • $50,000 loan for working capital for a contracting company in Albany, NY.
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