Loan Closings: Week of August 28, 2017

Wednesday, September 6, 2017 / Published in Featured News, Articles of Interest
Loan Closings: Week of August 28, 2017

Last week, NYBDC and affiliates The 504 Company and Excelsior Growth Fund provided more than $3.8 million in alternative financing to small businesses. Thank you to the partners who make our work possible!

  • $309,000 loan to purchase real estate for a household furniture manufacturer in Allegheny County, PA.
  • $150,000 loan for working capital for a transportation company in Rockland County, NY.
  • $907,000 loan to purchase real estate for a contracting company in Westchester County, NY.
  • $398,000 loan to purchase real estate for an office supplies manufacturer in Middlesex, NJ.
  • 100,000 loan to refinance debt for a direct selling establishment in New York, NY.
  • $700,000 loan to purchase equipment for a promotion company in Kings County, NY.
  • $1,065,000 loan to purchase real estate for a nondurable goods merchant wholesaler in Nassau County, NY.
  • $50,000 loan for working capital for a restaurant in New York, NY.
  • $100,000 loan for working capital for a collections company in Niagara County, NY.
  • $100,000 loan for working capital for a wine distributing company in New York, NY.
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