Business Details
50+ Years
experience
Trusted Business Loans and Advisory Services
For over 65 years, Nybdc has been a trusted partner for businesses seeking innovative lending solutions. Founded in 1955 as New York Business Development Corporation, we have evolved through strategic mergers and rebranding while maintaining our core mission: empowering businesses through accessible financing and expert advisory services. Our team specializes in SBA loan programs, including 504, 7(a), and Microloans, alongside tailored Business Advisory Services that address financial management, marketing, and operational strategy. With a focus on community impact, we have disbursed $3.7 billion through 8,700 loans, prioritizing minority- and women-owned businesses.Our hybrid approach combines technology-driven efficiency with personalized support, offering fixed-asset financing up to 90% at below-market rates and fast funding options like $100,000 in five business days. Headquartered in East Latham, NY, we serve CT, IL, NJ, NY, PA, NV, and WA, maintaining Preferred Lender status with the SBA and a commitment to creating inclusive economic growth through 65,438+ jobs retained or created.
Services
SBA 504 Loans
SBA 7(a) Loans
SBA Microloans
Business Advisory Services
Working Capital Loans
Debt Refinancing
Commercial Real Estate Loans
Details
- Year established: 1955
Highlights and features
- 65+ years of specialized expertise in small business lending
- Direct access to 15+ SBA loan programs with flexible terms
- Personalized one-on-one support from application to funding
- Hybrid technology-human process for efficient loan approvals
- Complimentary Business Advisory Services for strategic growth
Associations and certifications
- SBA Preferred Lenders Program
- SBA Express Program
What people say
Made the process easy
Stayed in touch
Got our backs
Helped business grow
Efficient service
Services
SBA 504 Loans
SBA 504 Loans provide long-term financing for major fixed assets like real estate or equipment. Businesses can access up to 90% financing at below-market rates, ideal for expansion or modernization projects. This program requires no down payment for qualified applicants.
Business Advisory Services
Expert consultants offer tailored guidance in financial management, marketing strategy, and operations optimization. Eligible clients receive personalized support to strengthen business foundations through cash flow analysis, marketing plans, and HR development programs.
Working Capital Loans
Flexible financing solutions for daily business operations, including inventory purchases and payroll. Loan amounts range from $10,000 to $5,500,000+ with terms accommodating both short-term needs and long-term growth strategies.
SBA Microloans
Microloans up to $50,000 support new businesses and small-scale expansions. Designed for entrepreneurs with limited access to traditional financing, these loans feature flexible requirements and include mandatory financial counseling for sustainable growth.
Debt Refinancing
Affordable refinancing options consolidate existing business debt to improve cash flow. Qualified applicants receive lower interest rates and extended repayment terms, with specialized programs for SBA loan holders.
People
Paola Garcia-Villari
Managing Vice President, Business Advisory Services and Business Development Officer
Paola leads Nybdc's advisory services team with 20+ years of experience in financial services. She specializes in connecting small businesses with growth strategies and has managed $100M+ in loan portfolios while mentoring emerging entrepreneurs.
Irene Dominguez
Vice President, Senior Business Advisor
Irene provides strategic consulting to small businesses with a focus on minority-owned enterprises. Her 15-year track record includes developing financial literacy programs that have benefited 500+ entrepreneurs across the Northeast region.
Malini Krishna
Vice President, Senior Business Strategist
Malini specializes in marketing strategy and operational efficiency for small businesses. With a background in corporate finance and entrepreneurship, she has helped 200+ companies develop growth plans and secure SBA financing.
Christophe Pane
Vice President, Senior Business Strategist
Christophe focuses on business process optimization and technology integration. He has implemented operational improvements for 150+ small businesses, reducing costs by 20% on average while increasing productivity through digital transformation initiatives.
Katie Sovie
Business Advisory Services Associate
Katie supports financial management consulting for small business clients. A certified QuickBooks ProAdvisor, she has trained 300+ entrepreneurs in accounting software and financial reporting best practices to improve business decision-making.
Questions
What SBA loan programs does Pursuit offer?
Pursuit provides SBA 504, 7(a), and Microloan programs with specialized support for fixed-asset financing, working capital, and startup funding across seven states.
How quickly can I get funded through Pursuit?
Qualified applicants can receive $100,000 in working capital within five business days through our streamlined SmartLoans program and SBA Express options.
Do you offer business consulting services?
Yes, eligible clients receive complimentary Business Advisory Services including financial planning, marketing strategy, and HR consulting from our expert team.
What areas does Pursuit serve?
We operate in Connecticut, Illinois, New Jersey, New York, Pennsylvania, Nevada, and Washington with local loan officers and virtual office capabilities.
Can startups qualify for Pursuit loans?
Yes, our SBA Microloan program and startup-specific financing options provide flexible requirements for new businesses seeking their first round of funding.
How do I apply for a business loan?
Start online with our 10-minute application or call 1-866-466-9232 to speak with a loan officer about your specific financing needs and eligibility.
