Loan Closings: Week of January 20, 2020

Tuesday, January 28, 2020 / Published in Featured News, Articles of Interest
Loan Closings: Week of January 20, 2020

NYBDC and its affiliates are dedicated to helping small businesses grow and pursue their goals. Last week, we provided over $5.4 million in alternative financing to businesses in New York and New Jersey for working capital, real estate, and construction projects. We would like to thank our bank partners who help us support these small businesses.

  • $2,289,600 to purchase real estate for a hotel in Cape May County, NJ.
  • $1,901,400 for a construction project for a truck and utility trailer rental company in Middlesex County, NJ.
  • $1,023,200 to purchase real estate for a truck and utility trailer rental company in Middlesex County, NJ.
  • $50,000 for working capital for a small business consultant in Kings County, NY.
  • $25,000 for working capital for a baby accessory wholesaler in Kings County, NY.
  • $100,000 for working capital for a construction company in Queens County, NY.
  • $50,000 for working capital for a kitchen tile business in Queens County, NY.
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