Sentences with phrase «new small business revolving»
ALBANY, NY (11/18/2010)(readMedia)-- Governor David A. Paterson and Empire State Development (ESD) today announced allocations from the State's new Small Business Revolving Loan Fund to community development financial institutions and other community - based lending organizations statewide.
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BFS Capital, a leading small business financing platform, today announced it is has received a new $ 175 million revolving credit line provided by funds managed by Ares Management, L.P. BFS Capital will use the new facility to accelerate the growth of its lending business, following a record year where the company generated more than $ 300 million in originations, a new annual high.
The Small Business Revolving Loan Fund is targeted to «Main Street,» everyday businesses and will provide $ 50 million in loans to small businesses across New York State over the next two ySmall Business Revolving Loan Fund is targeted to «Main Street,» everyday businesses and will provide $ 50 million in loans to small businesses across New York State over the next two ysmall businesses across New York State over the next two years.