BDC Capital Announces that Ryan Johnson has Joined the Firm

RJohnson_webWakefield, MA – BDC Capital today announced the hiring of Ryan Johnson as a Vice President and Business Development Officer. Mr. Johnson will be responsible for the territory including Eastern Massachusetts, Southern New Hampshire, and the Merrimack Valley.

“Ryan has consistently excelled as a Relationship Manager in his career. At RBS Citizens Bank, Ryan was ranked #1 overall Relationship Manager every year, and we are delighted that he is bringing his talents to BDC Capital.” Said Paul Flynn, Executive Vice President. Michael Topalian, Managing Director, Sales & Marketing, said “Adding Ryan to our team of Business Development Officers strengthens our outreach to the local business community and provides an enhanced level of focus on meeting the needs of our diverse client base.”

Mr. Johnson’s banking experience began in 2000 at Fleet Boston. He moved to Key Bank in 2003, then was named Vice President of CIT Group in 2005. After a successful career as Chief Lending Officer and Senior Vice President at First Commons Bank, Mr. Johnson accepted the position of Senior Relationship Manager, Business Banking, at RBS Citizens Bank in 2011.

Mr. Johnson received a Bachelor of Science degree in Business Administration at the Harriman School of Management and Policy at SUNY Stonybrook, NY.

BDC Capital Announces that Michael Topalian has Joined the Firm

TopalianWakefield, MA – BDC Capital today announced the hiring of Michael Topalian as Managing Director of Business Development.  In this role, Mr. Topalian will oversee all marketing and business development strategies throughout New England for BDC’s diverse product lines including the SBA 504 loan program.

“We are excited to have Mike Topalian join us” said BDC Capital Corporation President Kenneth J. Smith.  “Mike possesses a deep understanding of our marketplace and customer base, and a broad knowledge of our product offerings. BDC has experienced rapid growth over the last few years and, with the addition of Mike, we will be able to assist even more small and mid-sized businesses that are looking to expand here in New England.”

Mr. Topalian’s experience includes over 25 years of lending and service to the New England business community.  A senior financial services manager with strong P&L performance, Mr. Topalian has proven financial, sales and marketing experience in the financial services industry.  Prior to joining BDC Capital, Mr. Topalian served as Senior Vice President, Sales and Marketing of Bay Colony Development Corp., and Senior Vice President of Bank of America; Milford National Bank and Trust; and TD Banknorth.  Mr. Topalian began his banking career at Shawmut Bank in 1989.

BDC Capital Announces that Paul F. Flynn, Jr. has Joined the Firm

Paul FlynnWakefield, MA – BDC Capital Corp. announced the hiring of Paul F. Flynn, Jr. as Executive Vice President and Chief Operating Officer of New England Certified Development Corp., the company’s SBA 504 lending affiliate.  Mr. Flynn’s role will include strategic development and oversight of both internal operations and new business development throughout New England.

“We are delighted that an executive of the caliber of Paul Flynn has joined our organization” said BDC Capital President Kenneth J. Smith.  “Paul brings a wealth of experience and a vast knowledge of the financial products and markets which we serve. He’s been on the board of directors of CDC New England where he has assisted us with defining market strategy for the past few years.”

Mr. Flynn’s experience includes over 25 years of lending to the New England business community.  “Paul is unique in that he is a senior executive who has a track record of growth with strong P&L performance that he balances with financial and risk management skills,” commented Smith.

Prior to joining BDC Capital, Mr. Flynn served as Senior Vice President of Berkshire Bank, ABL Department Manager of TD Bank, and Senior Vice President of Banknorth.  Mr. Flynn began his banking career at BayBank in 1986.

Mr. Flynn is a member of the National Commercial Finance Association and the Association for Corporate Growth, and is a Past President of the Turnaround Management Association’s Northeast Chapter.

Recycling Loan Fund Helps Businesses Benefit from the Organics Ban

Is YOUR business ready to meet the challenge of converting organic waste into energy?  BDC Capital Can Help!

Massachusetts has announced a bold plan to increase the diversion and recycling of organic waste by over 350% by the year 2020. Businesses such as dairies, breweries, and other food manufacturing operations will have the opportunity to construct on-site anaerobic digestion facilities.  In addition to providing a solution for the organic waste, anaerobic digestion facilities can help businesses save on energy costs by generating clean energy.  BDC Capital can assist your business with your specific equipment financing needs.

Under contract with the DEP to manage the Recycling Loan Fund, BDC Capital provides low cost, fixed rate financing from $50,000 to $500,000 to Massachusetts-based solid waste recycling or re-use businesses.  We offer direct loans to help you comply with the new regulations.  In addition, RLF funds can be used for any other reasonable business purpose, including equipment purchases, debt refinance, and working capital.

CLICK HERE to read the press release.

Call BDC Capital today to learn more about RLF and how we can help you navigate this new state initiative.

Recycling Loan Fund: Commercial Food Waste to be Banned in MA – Are You Prepared?

Is YOUR business ready to respond to the Commercial Food Waste Ban in Massachusetts?  BDC Capital Can Help!

As Massachusetts prepares to implement a plan to divert a third of the nearly 1.4 million tons of organic waste produced in the state each year, many businesses will need to acquire equipment or modify their processes to handle this waste. Beginning in 2014, hospitals, universities, large restaurants, and any business with a food production facility will be required to comply with the ban and will be barred from discarding food waste in the trash.  This may present your business with a need to finance additional equipment, storage containers, or vehicles.

Under contract with the DEP to manage the state’s Recycling Loan Fund, BDC Capital provides low cost, fixed rate financing from $50,000 to $500,000 to Massachusetts-based solid waste recycling or re-use businesses.  We offer direct loans to help you comply with the new regulations.  In addition, RLF funds can be used for any other reasonable business purpose, including equipment purchases, debt refinance, and working capital.

Call BDC Capital today
to learn more about RLF and how we can help you
navigate this new state initiative.

781-928-1100

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