Loan Closings: Week of June 5, 2017
Last week, NYBDC and affiliates The 504 Company and Excelsior Growth Fund provided more than $7 million in alternative financing to small businesses. Thank you to the partners who make our work possible!
- $1,000,000 loan to purchase real estate for a restaurant in Suffolk County, NY
- $269,000 loan to purchase real estate for a business services company in Richmond, NY
- $4,063,000 loan to purchase real estate for a hospitality related business in Ulster County, NY
- $1,699,464 loan to purchase real estate for a medical services company in Kings County, NY
- $100,000 loan for working capital for a nursery in Saratoga County, NY
We offer a full suite of alternative small business financing products including SBA 504, 7(a) and Community Advantage loans, as well as online loans. Interested in partnering? Call Kevin Gallagher, Head of Business Development, at 1-877-575-9281 or visit www.nybdc.com.