Updates

$50,000 Prize Pool Available for Buffalo-area MWBE Entrepreneurs

New York Business Development Corporation (NYBDC) and affiliate Excelsior Growth Fund in collaboration with 43North and the City of Buffalo are proud to announce that the application period for the 2nd Annual THE PITCH business plan competition is now open. The competition, which this year has more, than doubled its prize pool to $50,000, is designed to support minority- and female entrepreneurs in Erie County. NYBDC and Excelsior Growth Fund are the Signature Sponsors of THE PITCH, with [...]

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Blue Spruce Nursery Inc. is a landscaping business located in Clifton Park, New York. The company offers various services, such as Residential Landscaping, Irrigation and Management.  As a landscaping business, the strongest months are in the summer and fall; Robert Daly the owner of Blue Spruce Nursery Inc. was looking to ease a seasonal cash flow shortfall for his business and decided to reach out to the team at Excelsior Growth Fund for a loan. Ultimately, Blue Spruce Nursery Inc. was [...]

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SmartLoan™ and ImpactLoan™ Rates Now Capped at 11.9% When we launched our fast, online loan products two years ago, we did so with the needs of small businesses in mind. Today, entrepreneurs seeking capital to grow no longer have to choose between speed and affordability. So, we’re proud to announce that we’re making our online loans even more affordable for small business owners by capping our interest rates at 11.9%. Learn More About Our Loans  With the [...]

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Mary's Little Lambs Holds Buffalo Ribbon Cutting Ceremony with Mayor Bryon W. Brown, NYBDC and Excelsior Growth Fund

July 17, 2017 / Buffalo, NY: Mary’s Little Lambs, a child care center and preschool in Buffalo, celebrated its grand opening by hosting an official ribbon cutting with Mayor Byron W. Brown and representatives from local lending organizations New York Business Development Corporation (NYBDC) and Excelsior Growth Fund. The ceremony was held, July 14th at 10 a.m. at the center’s new location at 377 Kensington Avenue, Buffalo NY 14214. Mary’s Little Lambs, which is owned by [...]

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CoverWallet, an online commercial insurance provider, recently featured Bryan Doxford, Senior Vice President and Chief Lending Officer at Excelsior Growth Fund in their latest Small Business Q&A titled “How Small Businesses Can Become More Bankable & Evaluate Funding Options”. In this post, Doxford discusses key steps small businesses can take to make their business more likely to qualify for a bank loan, such as, common problems in small businesses seeking loans, what to do [...]

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