Greater New York Development Co

Greater New York Development Co. is a business development company based in New York, New York. With a team of 20-49 employees, the company focuses on providing financial solutions to businesses and nonprofits in the tri-state area. Greater New York Development Co. specializes in offering low down payment, low fixed rate second mortgages, reaching up to 40% of the total project cost. These loans are designed to support acquisition, renovation, and soft costs associated with facilities like buildings, condos, and co-ops. The company leverages the SBA 504 loan program for eligible businesses and nonprofits in New York, New Jersey, and Connecticut. Beyond the SBA 504 program, Greater New York Development Co. offers up to 100% financing options for businesses that don't qualify for SBA loans. Additionally, the company extends financing to nonprofits and supports the acquisition of commercial vessels and equipment. To learn more about Greater New York Development Co.'s financing solutions, visit their website at gnydc.org.