Updates

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 [...]

Read More

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, [...]

Read More

(BUFFALO, N.Y.)   Sherri Falck was hired as assistant vice president for Western New York at Excelsior Growth Fund (EGF).   In this position, Falck is responsible for managing partnership development efforts and implementing business advisory services including workshops/seminars as well as advising small business owners on loan readiness, credit issues, SBA backed loan products, and financial management.   EGF is an affiliate of New York Business Development Corporation [...]

Read More

If you are not yet familiar with Mirador Financial, Excelsior Growth Fund's premier technology partner, then you may be interested in reading a recent case study outlining the fintech firm's success with EGF's online lending platform. When EGF launched its SmartLoan program in summer of 2015, it was in need of a promising technology partner to help streamline the online application and origination process. Mirador's online lending platform allowed Excelsior to compete with other [...]

Read More

One of the reasons that Excelsior Growth Fund is so effective at working with small businesses is our commitment to being involved in the communities we serve. That's why you'll see members of our team at a variety of local business events throughout New York State. Next month, we'll be an exhibitor at the NYC Small Business Expo, where we'll be joined by other organizations committed to helping small businesses grow, along with thousands of local entrepreneurs.  We hope to see you there [...]

Read More