Greater New York Development Co.  a Division of Long Island Development Corporation, is a regional economic development, not-for-profit corporation which makes long term, affordable loans to small businesses and not-for-profit entities.  

GNYDC Closes First
Connecticut 504 Loan!
   
 

GNYDC is pleased to announce the closing of its first SBA 504 deal in Connecticut. The project , located in Milford, Connecticut provided subordinate financing for Metroplitan Dental Laboratory to expand its facilities from 2500 to 4800 square feet, adding ten new jobs to its existing workforce. MORE

  

NJ Truck Parts Distributor/
Maintenance Company Expands
   
 

Ace Drive Products is a ten+ year old distributor of truck parts, also providing repair services for large trucks and tractors. Originally located in less than 30,000 square feet in Elizabeth, NJ, the company has relocated to a 41,000 sqft facility, also in Elizabeth.  MORE

  

Print This Information
90% FINANCING for BUSINESSES to BUY BUILDINGS
Long term, low fixed rate, low down payment second mortgage loans for small business real estate acquisition, renovation, construction and machinery.
  All costs financed - acquisition (land, building, condo, co-op, commercial boat), renovation, construction of building, major leasehold improvements, acquisition of machinery, soft costs (including attorneys, bridge loan points and interest, accountants, title insurance, engineer, appraisal, environmental reports and clean up etc.).
  
Only 10% down by Small Business
For retail, service, wholesale and manufacturers.
Typical Project:
    Bank/Non Bank lender 1st mortgage -50% of project cost
    GNYDC 2nd mortgage - 40% of project cost ($4 million maximum)
    Small business - 10% of project cost

Fast turnaround. Confidentiality protected.
INTERESTED?
Call Roz Goldmacher at 866 433-5432

Greater New York Development Co. is New York's premier small
business lender for over 25 years and has made almost $1 billion
in direct loans to small businesses.
 

  Website Created & Maintained by The Louis Marketing Group