New York Business Development Corporation and affiliates The 504 Company and Excelsior Growth Fund Email Format

BankingNew York, United States11-50 Employees

New York Business Development Corporation (NYBDC) and its affiliates The 504 Company and Excelsior Growth Fund operate as mission-driven lenders that provide a range of financing options to small businesses. Their offerings include SBA 504, 7(a) and Community Advantage loans, along with online alternative loans, aiming to help startups, mature businesses, and minority- and women-owned enterprises secure funding when traditional lenders may not approve them. The organization serves small businesses across New Jersey, New York, and Pennsylvania, providing loan amounts from $10,000 to $5.5 million. Based in Albany, New York, the entity has a multi-brand structure that addresses diverse financing needs within the regional market. Over its 62-year history, NYBDC and its affiliates have supported a broad spectrum of clients by broadening access to capital through non-traditional lending pathways.

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