Updates

SBA Awards Excelsior Growth Fund $750,000

Thursday, March 2, 2017
Excelsior Growth Fund awarded a $750,000 check from the SBA

 “We are proud to be partners with Excelsior Growth Fund in delivering valuable assistance in order to start and grow local small businesses,” Syracuse Small Business Association (SBA)  executive director Bernard J. Paprocki said in a press release in February. Paprocki recently awarded a $750,000 check to Excelsior Growth Fund (EGF) CEO Pat MacKrell for their dedication to helping businesses in New York grow.  Recently, EGF has started a microloan program to help [...]

Read More

A Look Under the Hood EGF's Online Loan Application

At Excelsior Growth Fund, we value transparency. We believe that being upfront and honest is essential when working with clients and partners. Instructions in loan applications can be vague, lengthy and difficult to comprehend. Our process is different!  That’s why we’re offering a look under the hood at our online loan application. What makes EGF's process so easy? We’re proud to be a Community Development Financial Institution (CDFI) that offers a loan product and [...]

Read More

Excelsior Growth Fund in the News - Forbes

Wednesday, November 23, 2016
Forbes Logo

“EGF doesn’t think business owners should have to sacrifice high-interest loan rates in order to secure capital,” says Women @ Forbes contributor Autumn Adeigbo. Earlier this month, Excelsior Growth Fund (EGF) was featured in “Non-Traditional Funders Give Entrepreneurs A Leg Up” on Forbes. In the article, Adeigbo points out that 27% of businesses aren’t able to secure the funding necessary to run their business. We’re excited to be listed as one of the [...]

Read More

Excelsior Growth Fund in the News - NerdWallet

Excelsior Growth Fund (EGF) was recently featured in an article produced by Nerdwallet, an online resource offering financial advice. The article features EGF as a part of Nerdwallet’s list of the 13 best nonprofit lenders in the U.S. It highlights nonprofit lenders as being beneficial to small business owners because of their mission-focused practices, ability to lend to start-ups, and offering of pro bono consulting and training to help businesses. In addition to Excelsior Growth Fund [...]

Read More

43North, City of Buffalo, and ECIDA team up to bring

EGF teamed up with 43North, the City of Buffalo, and ECIDA  to bring "The Pitch," a new business plan competition for minority- and women-owned businesses in Erie County, NY. The entrepreneurs presented their business plans on October 20th and collectively took home $20,000 in prizes.  Thank you to these business owners for their preparation and hard work and congratulations to each!   $10,000 WINNER: Karibu News Rubens Mukunzi, owner We applaud Rubens [...]

Read More