Loan Closings: Week of January 8, 2018
Last week, NYBDC and affiliates provided more than $6.8 million in alternative financing to purchase real estate for small businesses in New York and Pennsylvania. By working in conjunction with our bank partners, our 504 loan program provides up to 90% financing for owner occupied real estate and work.
- $379,000 loan to purchase real estate for a restaurant in Erie County, NY.
- $2,843,000 loan to purchase real estate for a freight trucking company in Suffolk County, NY.
- $1,673,000 loan to purchase real estate for a sporting goods store in Suffolk County, NY.
- $1,923,000 loan to purchase real estate for a recycling and waste management company in Lehigh, PA.
We appreciate the partners who make our work possible! Together, we create win-win scenarios for customers and banks.