Updated Financing Sources

To fund my business the most probable sources would be the local banks. The Small Business Administration would be the primary target for a loan, especially with the state of the current economy. Venture Capitalists in the area deal primarily with technology based companies limiting their reliability. The three SBA offices in the New York region reside in Buffalo, Syracuse, and New York. The Buffalo office deals with many local banks to distribute loans. Two banks that provide SBA loans are M&T and First Niagara Financial Group.

M&T Bank Contact Info:
Alfred F. Luhr III
Senior vice president
M&T Bank Corp. group manager for business banking
750 Main Street
Niagara Falls, NY 14301
Phone- 716-285-1285
Fax- 716-284-8656
E-mail Through Website

The second bank that provides SBA loans is First Niagara Financial Group.

First Niagara Contact info:
Steve Brennan
Vice president/ SBA manager
7350 Niagara Falls Blvd
Niagara Falls, NY 14304
Phone- 716-283-0749
Fax- 716-284-5296
E-mail Through Website

The Statewide Zone Capital Corporation (SZCC) has a program in the Western NY development region. The Zone is located in Niagara Falls at:

Niagara Falls Empire Zone
745 Main Street
P.O. Box 564
Niagara Falls, NY 14305
Fax: 716-286-8836

Ms. Clara Dunn, Empire Zone & MBE Coordinator
Phone: 716-286-4481
Email: clara.dunn@niagarafallsny.gov