January 2, 2019
The Board of Directors of BDC Capital Corporation, the oldest business development corporation in the United States, is pleased to announce the appointment of Mr. Paul F. Flynn Jr., of Bedford, MA as its new President. Mr. Flynn joined BDC in 2013 as Chief Operating Officer and has helped to oversee dramatic growth in this Boston-based loan and investment company. In just the last few years Mr. Flynn has helped guide the company’s expansion into all six New England states building a $700 million portfolio of loans and investments in some of the most successful companies in the region.
“Paul was well-known to us prior to joining BDC full-time through his position as Board Member for seven years” says Ken Smith outgoing President and Chief Executive Officer. “We are thrilled to have an executive of Paul’s caliber to guide BDC into the future. Paul has a unique blend of insightful leadership and unquestionable integrity that has helped to propel BDC to a reputation as on of the top performing BDC’s in the country.
BDC Capital offers a full suite of loan and investment products to growing businesses located in New England including working capital lines of credit, term loans, real estate financing, SBA loans, mezzanine and private equity investments.
For more information please contact:
Mr. Kenneth Smith, CEO