Updates

EGF provides Terrell Wines with $100,000 Loan

Christopher Terrell, owner of Terrell Wines, is the only full-time employee in the Brooklyn, NY location of his wholesale wine distribution business. In addition to making wine deliveries on his bike, he’s in charge of negotiating with vineyards all over the world to purchase their wines for distribution in the U.S. With a diverse portfolio of primarily European winemakers, Christopher turned his sights to a burgeoning market: wines with ancient roots produced in the country of Georgia.  [...]

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Suuchi Inc. Receives $100,000 EGF SmartLoan

Suuchi Inc. was founded in Hudson County, NJ to solve an issue that owner Suchitra Ramesh experienced time and again: She couldn’t find clothing that fit her petite frame. This challenge presented her with an opportunity to revive apparel manufacturing in the United States, and now Suuchi Inc. is a design and manufacturing partner for numerous innovative American apparel fashion brands and Fortune 1000 companies. Suuchi Inc.’s advanced design software and in-house manufacturing make [...]

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Howes & Baum Inc. Scores EGF SmartLoan for $100,000

Matthew Baumgartner is well-known throughout New York’s Capital Region for being a restaurateur, owning area hot spots such as Wolff’s Biergarten and The Olde English Pub, but did you know he also owns a men’s clothing line called Howes & Baum, Inc.? Baumgartner started the business with his London counterpart, Craig Howes, in 2011 with a mission to bring back long johns. The inspiration behind the clothing line’s design and style came from Baumgartner’s [...]

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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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Bravo General Contractor Inc. offers commercial and residential new construction and renovation services in New York City: including Manhattan, Bronx, Queens, Brooklyn, Westchester and Nassau in Long Island. Cesar Alvarez, the owner of Bravo decided to expand the businesses services into Northern Westchester and Rockland Counties. In order to be successful in doing this he knew the business would need additional working capital. While at the NYS Regional Minority and Women-owned Business [...]

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