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NYBDC Local Development Corporation dba Pursuit Community Fi

Latham, NY 12110

⭐ SBA Preferred Lender
63
Loans Approved
$12.9M
Total Volume
$204K
Avg Loan Size
3
States Served

States Served

New JerseyNew YorkPennsylvania

Top Industries Financed

  • Full-Service Restaurants
  • Fitness and Recreational Sports Centers
  • Limited-Service Restaurants
  • Drinking Places (Alcoholic Beverages)
  • All Other Amusement and Recreation Industries

Quick Summary

NYBDC Local Development Corporation dba Pursuit Community Fi is an SBA-approved lender headquartered in Latham, New York. They are an SBA Preferred Lender, meaning they can approve loans without prior SBA review. Since 2020, they have approved 63 SBA 7(a) loans totaling $12.9M, with an average loan size of $204K. They serve businesses across 3 states.

About NYBDC Local Development Corporation dba Pursuit Community Fi

NYBDC Local Development Corporation dba Pursuit Community Fi is an SBA-approved lender headquartered in Latham, New York. Since 2020, they have approved 63 SBA 7(a) loans totaling $12.9M, with an average loan size of $204K. As an SBA Preferred Lender, they have delegated authority to approve SBA loans without prior SBA review, resulting in faster processing times. They serve businesses across 3 states.

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Helpful SBA Borrower Guides

SBA 7(a) RequirementsDocuments ChecklistHow to Choose a Lender

Frequently Asked Questions

Is NYBDC Local Development Corporation dba Pursuit Community Fi an SBA Preferred Lender?

Yes, NYBDC Local Development Corporation dba Pursuit Community Fi is an SBA Preferred Lender (PLP). This means they have delegated authority from the SBA to approve loans without prior SBA review, resulting in faster approvals — typically 7–10 business days instead of 4–6 weeks.

How many SBA loans has NYBDC Local Development Corporation dba Pursuit Community Fi approved?

According to SBA FOIA public records, NYBDC Local Development Corporation dba Pursuit Community Fi has approved 63 SBA 7(a) loans totaling $12.9M since 2020. Their average loan size is $204K.

What states does NYBDC Local Development Corporation dba Pursuit Community Fi serve?

NYBDC Local Development Corporation dba Pursuit Community Fi serves businesses in 3 states: New Jersey, New York, Pennsylvania.

How do I apply for an SBA loan with NYBDC Local Development Corporation dba Pursuit Community Fi?

To apply for an SBA 7(a) loan with NYBDC Local Development Corporation dba Pursuit Community Fi, contact them directly through the form on this page. Before applying, check your FICO SBSS score (the SBA's pre-screening score) and have your financial statements, business plan, and tax returns ready. Most SBA lenders require 2+ years in business, $100K+ annual revenue, and a personal credit score of 640+.

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