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RI Organization Expands with Help of Capital Access Program
August 7, 2017
PROVIDENCE, RHODE ISLAND, August 7, 2017: The Capital Good Fund, a Providence-based nonprofit lender received capital from the recently launched Small Business Capital Access Program (CAP). The loan was supplied by BDC Capital Corp, recently selected by the Rhode Island Chamber of Commerce (RICC) to offer loans to small businesses throughout Rhode Island and by Centreville Bank of Warwick, Rhode Island. According to Andy Posner, founder and CEO of The Capital Good Fund, this loan from the Capital Access Program will go directly into the hands of those who need it, in the form of
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South Deerfield-Based Business Expands with Help of BDC Capital
July 17, 2017
CONTACT: Patti Doyle, 401-374-2553; patti.doyle@gmail.com SOUTH DEERFIELD, MASSACHUSETTS, July 17, 2017: Berkshire Brewing Company, a South Deerfield based brewing company, received much needed capital to expand its operations, adding a filling and canning line to the brewery. The Brewing Company, founded in the fall of 1994, has grown from a small operation brewing seven barrels at a time to New England’s premier regional craft brewery, distributing to locations across New England. Gary Bogoff, the president and founder of the Brewery, notes that this equipment 504 deal will he
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Wakefield-Based Business Opens With Help of Rhode Island Capital Access Program
July 10, 2017
WAKEFIELD, RHODE ISLAND, JULY 10, 2017: Hair on Mane, a Wakefield-based business received much needed capital to open its new business from the recently launched Small Business Capital Access Program (CAP). The loan was supplied by BDC Capital Corp, recently selected by the Rhode Island Commerce Corporation (RICC) to begin offering loans to small businesses throughout Rhode Island, and by People’s Credit Union, also of Wakefield. According to Stephanie Keenan, owner of the 343 Main Street, Wakefield hair salon, she was in need of immediate capital to purchase the salon from a
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BDC Capital Recruits 14 Lenders for CAP in Rhode Island
May 18, 2017
BDC Capital has recruited 14 lenders to participate in the Rhode Island Capital Access Program on Wednesday May, 15 2017. Specific Lenders Announced Were as Follows: Bank Five LLC. BayCoast Bank Bristol County Savings Bank Coastway Bancorp Centreville Bank Citizens Financial Group Inc. Dean Bank Freedom National Bank Home Loan Investment Bank Navigant Credit Union People’s Credit Union Radius Bank Rhode Island Capital Corp. The Washington Trust Bank Follow the link here to read the full story.
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BDC Capital Announces New Business Development Officer
May 2, 2017
Hartford, CT- BDC Capital Corp. has announced the hiring of David P. Raccio as Vice President and Business Development Officer for New England Certified Development Corp., the company's SBA 504 lending affiliate. Dave's primary role will be to foster relationships and provide creative financial solutions for his customers. Dave will have multiple financing products to utilize such as SBA 504 loans, working capital loans, mezzanine financing, and asset based lines of credit. "We are very excited to be adding Dave to our team" said BDC Capital Chief Operating Officer Paul Flynn, J
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