JPMorgan Chase Commits Over $3.5 Million for Small Business Growth in NYC

The Commitment to NYC is Part of the Firm’s $125 Million National Campaign   New York, October 19, 2016 – JPMorgan Chase & Co. (NYSE: JPM) announced today more than $3.5 million to support both a collaborative of New York City community development financial institutions (CDFIs) to give local small businesses more access to capital, as well as a separate initiative for CDFI credit unions focused on an innovation and product expansion that will improve their work and reach [...]

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Excelsior Growth Fund in the News - Pace University

Excelsior Growth Fund (EGF) was recently featured at a conference hosted by the Small Business Administration (SBA) and Pace University’s Small Business Development Center. The conference sought to provide information and resources to small businesses that are overlooked by mainstream banks for accessing funds. Excelsior Growth Fund was one of six Community Development Financial Institutions (CDFIs) present at the conference, each sharing in their mission of providing financial services [...]

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We're Proud Sponsors of 'The Pitch'!

Thursday, September 1, 2016
buffalo, business plan, competition, small business loans

If you're a minority or woman with a great business in the Buffao area, you could qualify to win $10,000 to take your plans to the next level! We've 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 competition is designed to elevate the profile of minority and women business owners in the city of Buffalo, provide a competition that is open to all business [...]

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exporting businesses recieve access to affordable financing

If you’re an exporter or run a business that supplies exporting businesses, Excelsior Growth Fund (EGF) and our affiliate NYBDC can provide access to affordable financing. In partnership with the New York State Global NY Program, loans up to $500,000 will be available for companies to purchase equipment and inventory needed to deliver on export-related contracts and provide working capital to support operations. New York State created the $35 million Global NY Fund to extend financing to [...]

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NYBDC featured on 1010 wins news

(NEW YORK, NY) Excelsior Growth Fund (EGF) has been featured on 1010 WINS’ “The Bottom Line for Small Business”, hosted by Robert Walsh, former Commissioner of the New York City Department of Small Business Services. In the segment, Walsh acknowledges that the online business loan market has provided unprecedented access to capital, but that doesn’t make finding the right funding any easier or lower-cost. Walsh recommends considering non-profit community lenders, [...]

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