Updates

News 12 The Bronx Interview With Yosara Trujillo, Sweet Water Dance & Yoga

Yosara Trujillo started Sweet Water Dance & Yoga in 2012 with the money she had in her bank account and some financial backing from a friend. Her studio quickly filled a void in the South Bronx with this holistic wellness hub that provides a range of classes at reasonable prices.   Knowing that she needed a working capital boost to stay afloat, Yosara attended a financial workshop where she learned about Excelsior Growth Fund (EGF), and was quickly connected with a business [...]

Read More

Top 5 Articles to Prepare for the Holiday Season

The holiday season is here, and for many small businesses these busy months can be the most profitable time of the year.  In 2016 alone, the holiday season represented 28.6 percent of annual sales for some retailers. While the holidays represent enormous opportunity for businesses to boost their sales, they can also be stressful and demanding. Supporting your clients through this critical time period not only helps them succeed, it’s also a great way to solidify strong relationships [...]

Read More

Top 5 Article to Share With Your Clients

At Excelsior Growth Fund, our mission goes beyond providing access to capital for small business owners. We also help business owners prepare for long-term success by providing them with the support they need to become eligible for traditional financing in the future. Through our one-on-one business advisory services and our vast array of financial education articles in our Business Resource Library, we help business owners improve their financials and operations for sustainable growth. When [...]

Read More

Ready to Refinance: A Closer Look at the EGF SmartLoan

For small businesses, unaffordable debt can be debilitating. At best, owners struggle with tight cash flow. At worst, they become trapped in a debt cycle that’s virtually impossible to break.  Because of this, nearly a quarter of small businesses that apply for funding today do so to refinance debt.* This debt is frequently incurred from credit cards, predatory online loans, or simply conventional loans at higher rates than the borrower would qualify for today. NYBDC has historically [...]

Read More

Working with CDFIs Can Help You Reach More Small Businesses

Conventional banks and Community Development Financial Institutions (CDFIs) work best when working together. By doing so, we create significant and measurable ripples of success that strengthen our organizations, the clients we assist and the communities we serve. Excelsior Growth Fund (EGF) has worked with many bankers to create win-win situations for them and their clients in New Jersey, New York and Pennsylvania. In this article, we take a closer look at the positive impact of partnerships [...]

Read More