Empowering Regional Growth: ConnectOne Bank’s Robust Business Lending Solutions
AI
On the Level Magazine by Construction Contractors Association of the Hudson Valley
Oct 5, 2026
03:45
Episode notes
This episode of On the Level examines ConnectOne Bank's commercial and construction lending solutions designed to drive economic development and support business expansion across the Hudson Valley.
Key Financial Solutions & Topics Covered:
- Commercial & Construction Financing: Tailored loan structures for ground-up development (industrial, multi-family, mixed-use, retail), commercial real estate, and working capital.
- Hyper-Local Banking Model: Combines big-bank lending capabilities with local community focus across Orange, Westchester, and Rockland counties.
- NYS Linked Deposit Program (LDP): Partnering with Empire State Development to lower borrowing costs, offering up to a 2% interest rate reduction for eligible businesses and up to 3% for MWBEs, SDVOBs, or distressed area projects.
- Capital Deployment Uses: Subsidized funding for facility expansion, job site modernization, heavy equipment purchases, and real estate acquisitions that support local job creation and retention.