A Letter From Our President:


As BDC Capital enters its 63rd year of service providing financing solutions to New England companies, I am pleased to share our continuing record of innovation in business lending and capital investment.  We are the oldest business development corporation in the United States, and our history with our New England business partners underscores our commitment to finding creative ways to solve the various financing needs of our clients .  Just last year we provided more than $100 million of loans and capital investment to more than 317 new businesses.  It is our mission to provide a wide range of financing options, whether it is a small community loan, a sophisticated mezzanine investment, an asset-based line of credit, term loan or other type of financing.  Please click here to review all of the financing solutions that we offer.

We were happy to greet so many of our business partners, clients and colleagues at our Annual Meeting.  Both BDC Capital and our affiliate, CDC New England, voted in our new slate of directors, then we hosted a welcoming reception attended by more than 40 of our directors and finance committee members, and 350 friends and business partners.

Economic growth in New England continues run ahead of the rest of the nation, according to the Economic Indicators report by the Federal Reserve Bank of Boston.   Access to capital, while improving, is still not at pre-recession levels.  In these times of uncertainty, BDC Capital can help bridge the gap between commercial borrowers and lenders, providing financing solutions for borrowers, and helping banks create more client relationships.  All of this keeps the New England economy growing, with an attendant growth in employment.  As we celebrate 63 years of service to the business community, we remain your trusted business lending partner.

Ken Smith

 

 

 

Kenneth J. Smith
President
BDC Capital

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