[Fredslist] RE: Promotion- 90% financing for commercial property - buildings, condos or coops- that are 51% owner occupied

Charles Schreiber CSchreiber at lidc.org
Fri Mar 30 08:44:06 EDT 2007


Greater New York Development Company, a Division of the Long Island Development Company is assisting businesses in acquiring their own property with low fixed rate, long term loans that are Government Guaranteed. We partner with all banks and non-bank lenders so businesses need not find another source of funding but utilize us with their institution to put 10% down and own their own place. We can find a lender if theirs says no. Rates are currently under 7%- fixed for 20 years. We cover all of New York, New Jersey and Connecticut. Give me a call and I’ll put you in your own place or help you show your client how you are a VALUED ADDED RESOURCE because you have me to do this for you. We are also Economic Developers and can talk to them about what programs they can use effectively. For instance they might be able to reduce their interest rate by 3% for 4 years as well as get Empire Zone benefits or IDA benefits for real money amounts. This is a “BETTER TO GIVE THAN RECEIVE” thing- I don’t get anything for the economic development except an occasional ‘thank you’. 
Call Charlie Schreiber at 866 433-5432 C. 917-975-2447 for further detailed information. 
Greater New York Development Co.(GNYDC) / Long Island Development Corp. (LIDC) Vice President, Lending
cschreiber at lidc.org <mailto:cschreiber at lidc.org> / www.LIDC.org <outbind://62/www.LIDC.org> / www.GNYDC.org <outbind://62/www.GNYDC.org>
Greater New York Development Co. a Division of Long Island Development Corp. is a regional economic development, not-for-profit corporation which makes long term, affordable loans to small businesses. LIDC is not a bank, but it is the premier small business lender on Long Island. LIDC also provides technical assistance for companies wishing to do business with federal, state and local government and large corporate entities. LIDC's mission is to encourage economic stability and growth in Long Island, New York, New Jersey and Connectict.



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