50 Beaver Street, Albany NY 12207
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 follow their dreams.
Loans that touch lives, individuals and communities
At Pursuit, our mission is simple: to provide businesses with 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.
Our mission guides our lending. When you work with us, you’ll have access to a community-focused lender that is 100% invested in providing the best possible loan for you now, and in the future.
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 for businesses to find the right financing.