New Market Loan Fund
25 year low fixed rate second mortgage loans for small businesses to acquire or refinance their facilities.
40% of total project cost, 50% from another lender in first mortgage position and 10% from borrower (maximum $2.5 million). For acquisition, construction, renovation, soft costs related to capital asset. Can also refinance.
More Information - New Market Loan Fund
25 year low fixed rate second mortgage loans for small businesses to acquire or refinance their facilities.
40% of total project cost, 50% from another lender in first mortgage position and 10% from borrower (maximum $2.5 million). For acquisition, construction, renovation, soft costs related to capital asset. Can also refinance.
More Information - New Market Loan Fund
Loans for Small Business or Not-for-Profits
to Acquire, Construct, Renovate or Refinance a Facility
to Acquire, Construct, Renovate or Refinance a Facility
Printing Company Expands with New Market Loan
501C3 Rehab Facility Adds Second
Residence with New Market Loan
Residence with New Market Loan
GNYDC Helps 80 Year Old Cortland Metalworking Company Thrive
