Small Business Finance Advice Blog

Tuesday, November 29, 2005

NYBDC loan program making a difference in New York State

If you're a small business owner looking for finance resource in the state of New York pay attention!

The NYBDC (New York State Business Development Corporation) is about to receive another jolt of investment. State Comptroller Alan G. Hevesi visited Aero on Monday to announce a $100 million commitment by the New York State Common Retirement Fund to the NYBDC to fund new loans

This organization has already pumped funds into various small businesses in New York and plans to get even more involved now that they've gotten this latest cash infusion. Here's an article that goes into more detail regarding this program:
http://www.buffalonews.com/editorial/20051129/1019580.asp

But, New York is not the only state that offers programs such as this. I'll keep posting such opportunities on this blog, but you should be spending your time snooping around in your state to find similar programs.

Make sure to check back often for more small business finance advice.

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