Moving businesses upward, outward and onward

Sometimes, the audacious is worth pursuing. For more than 65 years, Pursuit, formerly known as New York Business Development Corporation, The 504 Company, and Excelsior Growth Fund, has offered innovative lending solutions to help business owners in CT, IL, NY, NJ, and PA follow their dreams.

Small business loans that touch lives, individuals and communities

At Pursuit, our mission is simple: we’re empowering businesses in all communities by providing access to affordable loans and resources so that they can reach higher, transform, and grow. This transformation may start with an individual borrower, but ultimately extends into the broader community, taking shape as new employment opportunities, economic development, and positive change.

Through our work, we’re striving to create a more inclusive economy by ensuring every business owner has a path to success.

Our mission guides our lending. When you work with us, you’ll have access to a community-focused lender that’s invested in providing the best possible small business loan for you now, and in the future.

Core Values


Strengthening communities through collaboration


Leading with transparency and authenticity


Celebrating diversity and embracing our differences

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Engaging on a personal level

Impact Stat Overview

As of 7/1/21

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Total lending since inception: $3.7 billion lent through 8,700 loans
35% of our funding is provided to minority and women business owners
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65,438+ jobs created

Serving businesses of all shapes and sizes

Future-focused. Innovative. Growing. If these words describe your business, talk to Pursuit. Here, a wide variety of businesses can access the fair and affordable loans needed to truly take off. We believe in all businesses and have a proven track record of providing small business loans to women, minority and veteran entrepreneurs. We’re a nationally-recognized organization that focuses on serving businesses and lending partners in Connecticut, Illinois, New Jersey, New York, and Pennsylvania.

Reach higher with a Pursuit business loan

Work with a lender that understands the heart of running a small business–one that fuses technology and human touch to seamlessly deliver innovative loan solutions. No matter your business’s stage or unique situation, a Pursuit business loan can help your business reach new heights.

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Fixed-asset financing

Up to 90% financing for fixed-asset projects at below-market rates and with long terms through the SBA 504 loan program

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Fast business funding

Borrow up to $100,000 in just 5 business days through an easy online small business loan application

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General business funding

Access flexible requirements to help your start-up or growing business achieve more

Joining together to make business loans possible

Pursuit was founded in 1955 as New York Business Development Corporation. Since then, we’ve been innovators in business funding–for entrepreneurs, for partners and for our communities.

Our work has grown to include Pursuit CDC (formerly known as The 504 Company), a Certified Development Company and Pursuit Community Finance (formerly known as Excelsior Growth Fund), a U.S. Treasury Certified Community Development Financial Institution. As a family of organizations working together under the Pursuit brand, we’ve made it easier than ever to find the right small business loan.

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