about us

America's First Business Development Corporation

Guiding New England businesses toward growth and success since 1953

Working closely with you

We provide expert gap financing solutions tailored to help your business grow, stabilize, and succeed when traditional bank lending isn't enough.

Private and Flexible

Operating as a private company gives us the flexibility to work with challenging credits and structure deals that traditional banks cannot accommodate.

Sophisticated Monitoring

Our daily-followed asset-based lending provides real-time tracking and maximum availability, giving you working capital when you need it most.

Bank Partnerships

We work alongside your existing banking relationships, preserving treasury services and deposits while providing specialized financing solutions.

Local Expertise

With offices throughout New England and 72 years of regional experience, we understand local markets, seasonal patterns, and business dynamics.

Driving New England businesses forward

Whether you're navigating rapid growth, refinancing classified loans, acquiring competitors, or need working capital flexibility, BDC Capital offers the financing solutions and expertise to help you succeed. Our team works alongside you and your existing lenders, ensuring every financing plan is customized to your specific business situation and delivered with the speed and flexibility you deserve.

Why Choose BDC Capital
73
Year Legacy

As America's oldest business development corporation, we bring unmatched experience and proven expertise to every financing relationship.

$2.5
Billion Invested

Our track record speaks for itself—over 8,300 businesses financed and more than $2.3 billion invested in New England's economic growth.

100+
Partner Institutions

Collaborating with over 100 banks and credit unions throughout New England means we have the relationships and resources to structure optimal financing solutions.

Meet the Team

Kenneth J. Smith
Director
Paul F. Flynn, Jr.
President & CEO
John L. Hackett
CFO
Al Barzykowski
Managing Director of Business Lending
Carol Brennan
New England
David Mcilroy
New England
Nancy Gibeau
Massachusetts, Rhose Island & Connecticut
David Raccio
Senior Vice President - Director of SBA Lending
Michael Topalian
Massachusetts, New Hampshire & Connecticut
Matthew Brothers
Massachusetts, New Hampshire & Connecticut
Dennis Breitrick
Connecticut, Western Massachesetts
Joe O'Garro
Senior Vice President
Susan Forrester
Senior VP of Loan Administration
Thuy Dang
VP of Loan Operations
Miriam Wood
Senior Credit Officer
Stanley Horsman
Director
Rosemary Rosano
Vice President
Thomas A. Wooters, Jr.
Managing Director of Mezzanine Finance
Caitlin Martell Hamor
Vice President
Scott Brunini
Senior Risk Offcer
Shauna Mancinelli
Loan Officer
Colleen Lavoie
Loan Officer
Michelle Peters
VP Senior Administrative Officer
Bridget Carney
SBA Administrative Officer
Marty Roach
Credit Analyst
Luis Mendes
Credit Analyst
Financial Institution Partnerships

Serving New England's banking community

BDC Capital partners with over 100 banks and credit unions throughout New England, providing our member institutions with enhanced lending capabilities and strategic advantages.

Partnership Benefits:

Hundreds of new loan opportunities annually
CRA loan and investment credits
New strategic product offerings for your customers
Multiple loan participation possibilities

Our collaborative approach means banks can offer complete financing solutions to their customers while maintaining the primary relationship, treasury services, and deposits. BDC Capital absorbs back-end risk and provides specialized expertise in asset-based lending, mezzanine financing, and complex credit situations—allowing our partner institutions to serve more businesses more effectively.

Our New England Locations
Headquarters
Wakefield, Massachusetts 500 Edgewater Drive, Suite 555
Central Massachusetts
Worcester, Massachusetts 89 Shrewsbury Street, Suite 300
Connecticut
Hartford, Connecticut 20 Church Street, Suite 1740
Maine
Portland, Maine 280 Fore Street, Suite 402
Rhode Island
Providence, Rhode Island 30 Exchange Terrace, 4th Floor
New Hampshire
Bedford, New Hampshire 3 Executive Park Drive
Headquarters
Wakefield, Massachusetts 500 Edgewater Drive, Suite 555
Central Massachusetts
Worcester, Massachusetts 89 Shrewsbury Street, Suite 300
Connecticut
Hartford, Connecticut 20 Church Street, Suite 1740
Maine
Portland, Maine 280 Fore Street, Suite 402
Rhode Island
Providence, Rhode Island 30 Exchange Terrace, 4th Floor
New Hampshire
Bedford, New Hampshire 3 Executive Park Drive
Headquarters
Wakefield, Massachusetts 500 Edgewater Drive, Suite 555
Central Massachusetts
Worcester, Massachusetts 89 Shrewsbury Street, Suite 300
Connecticut
Hartford, Connecticut 20 Church Street, Suite 1740
Maine
Portland, Maine 280 Fore Street, Suite 402
Rhode Island
Providence, Rhode Island 30 Exchange Terrace, 4th Floor
New Hampshire
Bedford, New Hampshire 3 Executive Park Drive
Headquarters
Wakefield, Massachusetts 500 Edgewater Drive, Suite 555
Central Massachusetts
Worcester, Massachusetts 89 Shrewsbury Street, Suite 300
Connecticut
Hartford, Connecticut 20 Church Street, Suite 1740
Maine
Portland, Maine 280 Fore Street, Suite 402
Rhode Island
Providence, Rhode Island 30 Exchange Terrace, 4th Floor
New Hampshire
Bedford, New Hampshire 3 Executive Park Drive
Headquarters
Wakefield, Massachusetts 500 Edgewater Drive, Suite 555
Central Massachusetts
Worcester, Massachusetts 89 Shrewsbury Street, Suite 300
Connecticut
Hartford, Connecticut 20 Church Street, Suite 1740
Maine
Portland, Maine 280 Fore Street, Suite 402
Rhode Island
Providence, Rhode Island 30 Exchange Terrace, 4th Floor
New Hampshire
Bedford, New Hampshire 3 Executive Park Drive
New Hampshire

3 Executive Park Drive,
Bedford, NH 03110

Rhode Island

30 Exchange Terrace, 4th Floor
Providence, RI 02903

Maine

280 Fore Street, Suite 402
Portland, ME 04101

West Hartford

836 Farmington Avenue, Suite 204
West Hartford, CT, 06119

Central Massachusetts

89 Shrewsbury Street, Suite 300
Worcester, MA 01604

Headquarters

500 Edgewater Drive, Suite 555
Wakefield, MA 01880

Trusted financing partners
At BDC Capital, our mission is to deliver innovative financing solutions that bridge the gap between traditional bank lending and the actual capital needs of growing New England businesses.
Over 73 years, we've invested more than $2.5 billion in over 8,300 companies, building lasting partnerships that fuel business growth, create jobs, and strengthen the economic prosperity of communities throughout New England.

Partner with New England's most experienced business lender

73 years of innovation, flexibility, and results.