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BDC Capital: Al Barzykowski, Managing Director of BDC Business Lending
January 9, 2025
BDC Capital Announces Al Barzykowski as Managing Director of BDC Business Lending BDC Capital Corporation is pleased to announce Al Barzykowski as Managing Director of BDC Business Lending. Since 1953, BDC Capital has been the premiere non-bank partner for our New England member banks to provide financing and investment capital for growing companies. As the financing needs of business owners have become more complex, BDC continues to offer asset-based lines of credit, term loans, real estate financing, and mezzanine capital, but now also offers a range of cash flow lending options
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BDC Capital / CDC New England Announces Patrick Daaboul as SBA 504 Business Development Officer
December 12, 2024
BDC Capital / CDC New England Announces Patrick Daaboul as SBA 504 Business Development Officer BDC Capital Corporation is pleased to announce Patrick Daaboul as our newest SBA 504 Business Development Officer. Dave Raccio, SVP, Director of SBA Lending, stated "Pat brings over two decades of commercial and SBA lending experience. We are excited to welcome Pat to our team and are confident he will be an invaluable asset. " Patrick joined BDC as Vice President, Business Development Officer in December 2024. Prior to BDC, Patrick successfully led teams at several prominent financial in
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Recent Deals from the Mass. Recycling Loan Fund
November 19, 2024
MASS. RECYCLING LOAN FUND One of Your Best Renewal Resources Low Cost, Fixed Rate Financing for... Business Expansion or Acquisition Equipment Purchases Working Capital Recent Deals from the Mass. Recycling Loan Fund: Does your business recycle any of the following materials? Organics/Food Materials Mattresses Textiles Plastics: Film or Bulky Rigid Glass: Container, Plate or Windshield Construction and Demolition Materials Metals Or... Is your business involved in the management of food waste? Collection Hauling and/or Processing
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BDC Capital / CDC New England Announces Beth Chea as SBA 504 Business Development Officer
June 10, 2024
BDC Capital / CDC New England Announces Beth Chea as SBA 504 Business Development Officer BDC Capital Corporation is pleased to announce Beth Chea as our newest SBA 504 Business Development Officer. Dave Raccio, SVP, Director of SBA Lending, stated "Beth has years of experience in commercial lending and SBA lending. Beth will be a great addition to our team as she brings a breadth of knowledge and expertise for SBA 504 loans." Beth Chea joined BDC as Vice President, Business Development Officer on June 1, 2024. Beth has over 20 years of banking and SBA lending experience, most recen
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BDC Capital Announces Two New Members of the Board of Directors
February 12, 2024
BDC Capital Announces Sheryl McQuade & Mark Foster as New Members of the Board of Directors Feb. 2024, Wakefield, MA - BDC Capital Corp. has announced two new members of the board of directors. "We are delighted that two executives of the caliber of Sheryl McQuade and Mark Foster have joined our organization" said Patrick J. Sullivan, Senior EVP and Area Executive - New England, M&T Bank. "I’ve known both Sheryl and Mark for years, and both bring a wealth of experience and a vast knowledge of the financial products and markets which we serve. We’ll look to them to assist us
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RI Capital – SSBCI Loan Participation Program up to $3 Million
January 4, 2024
Rhode Island Capital Awarded $13 Million for SSBCI Loan Participation Program to Support RI Businesses Rhode Island Capital Corporation (RI Capital), an affiliate of BDC Capital Corporation, has been awarded $13 million from Rhode Island Commerce Corporation under the State Small Business Credit Initiative (SSBCI). Eligibility: A business must be headquartered in RI with fewer than 500 employees Maximum loan from RI Capital of $3 million A bank or credit union must participate in at least 50% of the loan Benefi
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BDC Capital Supports Ron Burton Training Village With Annual Meeting Donation
November 27, 2023
November 9, 2023 BDC Capital is a proud supporter of the Ron Burton Training Village (RBTV) in Hubbardston, Massachusetts. The RBTV has a legacy of providing unlimited, life-changing opportunity for youth whose situation and circumstance might inhibit their chance at success. “We have supported the Ron Burton Training Village for many years with both monetary support as well as volunteer time by our employees each spring to prepare the Village for the summer programs,” said Paul F. Flynn, Jr., President of BDC Capital. “It’s a great organization that provides life changing oppo
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BDC Community Capital Corp.: CDFI Borrower Reaches Full Lease-Up
September 13, 2023
Community Capital Client, GromaCorp, Project Mosaic, Reaches Full Lease-Up in Lynn BDC Community Capital Corp. provided financing with HarborOne Bank to GromaCorp, Inc., an innovative real estate and technology startup and real estate sponsor. Mosaic, the flagship property of Groma & US Boston Opportunity Zone Fund located in the Boston suburb of Lynn, is now stabilized with over 98% of its 146 residential units leased as of mid-August 2023. The property was completed and r
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BDC Capital Programs At A Glance
August 28, 2023
BDC Capital Programs At A Glance Looking for a way to mitigate risk in a deal? BDC Capital is a private company that works with lenders and investors to provide innovative financing for New England businesses. We have a vast array of financing solutions to get a deal done! BDC Asset-Based Lines of Credit Loans from $500,000 to $10 million Working capital loans secured by accounts receivable and inventory BDC Term Loans Loans from $500,000 to $10 million For working capital, debt refinance, real estate, machinery & equipment, buyouts, and acquisitions Can offer
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Recent Deals Funded by BDC Capital
July 25, 2023
Recent Deals Funded by BDC Capital BDC Capital recently funded these ABL and mezzanine capital deals, each in partnership with a bank. Please keep us in mind to fill the “gap” with a financing solution for your customer or prospect during this dynamic credit environment. Situation: A consumer packaged-goods distributor needed working capital to support a geographic expansion and increasing sales. The company experienced annual losses due to the capital investment in two new warehouses but interim results showed a return to profitability. Its long-time banker
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