Three Steps to Becoming an NYBDC Community Partner

Wednesday, March 12, 2014 / Published in Featured News, Articles of Interest
Three Steps to Becoming an NYBDC Community Partner

Community Partners are vital to NYBDC.

What are the benefits of becoming a Community Partner? 

Our Community Partner Program allows us to show our support for the economic development entities that are important to supporting small businesses.  Our loan officers work with you and your clients to provide access to capital to support the formation and growth of small businesses in your community.  As one of our Community Partners, your organization will have the opportunity to generate fee revenue to sustain its operations and continue its crucial mission of supporting economic development.  Fees for referrals that close and are funded are 50 basis points on the principal amount of the NYBDC and/or Empire State CDC: The 504 Company loan.  I think you will agree that the Community Partner Program could be a lucrative source of fee income for your agency while promoting access to capital for businesses in your area of operations.
Below are three easy steps outlining how to become a Community Partner. 

1. Contact Bryan Doxford, SVP & Program Manager - Community Lending

2. Schedule a discussion about how a strategic partnership can help both organizations achieve the ultimate goal of facilitating access to capital for New York's small and medium-size businesses 

3. Sign NYBDC Community Partner Agreement

To see a full list of our community partners, click here >

Learn more about our recently highlighted Community Partners, click here >