Loan Closings: Week of September 17

Monday, September 24, 2018 / Published in Featured News, Articles of Interest
Loan Closings: Week of September 17

NYBDC and its affiliates provided over $10.8 million in alternative financing for small businesses in New York State last week. Together with our partners we’re able to support small businesses in their growth and expansion through access to capital for purchasing real estate and equipment, working capital, leasehold improvements, and more.

  • $697,480 to purchase equipment for a brewery in Madison County, NY.
  • $186,600 for working capital for a brewery in Madison County, NY.
  • $790,836 for construction for a brewery in Madison County, NY.
  • $480,000 for construction for a gas station in Saratoga County, NY.
  • $150,000 for leasehold improvement for a fitness studio in New York County, NY.
  • $1,063,000 to purchase real estate for a semiconductor distributor in Nassau County, NY.
  • $753,000 to purchase real estate for a restaurant supply distributor in Queens County, NY.
  • $4,803,000 to purchase real estate for a private event and catering business in Westchester County, NY.
  • $1,900,000 to purchase real estate for consumer goods wholesaler in Orange County, NY.

Thank you to our partners who make our work possible! We look forward to working with you in the future.

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