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BDC Capital Welcomes Dedham Savings as a Member Bank
June 22, 2022
BDC Capital Welcomes Dedham Savings as a Member Bank Dedham Savings, headquartered in Dedham, Massachusetts, recently became a BDC Capital member bank and joins 37 financial institutions located throughout New England as the primary funding source for BDC’s various financing programs. Paul F. Flynn, Jr., BDC Capital’s President and CEO, stated that “BDC works in partnership with banks and investors to deliver customized financing solutions beyond the scope of conventional financing. Bankers refer many of their customers to us to help extend their institution's lending capacity.
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BDC Capital Welcomes Coastal Heritage Bank as a Member Bank
June 2, 2022
BDC Capital Welcomes Coastal Heritage Bank as a Member Bank Coastal Heritage Bank, located in Weymouth, Massachusetts, recently became a BDC Capital member bank and joins 36 financial institutions located throughout New England as the primary funding source for BDC’s various financing programs. Paul F. Flynn, Jr., BDC Capital’s President and CEO, stated that “BDC works in partnership with banks and investors to deliver customized financing solutions beyond the scope of conventional financing. Bankers refer many of their customers to us to help extend their institution's lending
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BDC Community Capital Corp. Announces Karim Hill as President
May 11, 2022
BDC Community Capital Corp. Announces Karim Hill as President BDC Community Capital Corp. is pleased to announce Karim Hill as President. BDC Community Capital Corp. (CCC) is a not-for-profit, U.S. Treasury-certified, community development finance institution (CDFI) that provides capital to minority-owned businesses and to businesses that impact low to moderate income employment opportunities throughout New England. It is an affiliate of BDC Capital Corporation. Paul F. Flynn Jr., President & CEO of BDC Capital, stated "We’re excited about Karim joining us to spearhead the gro
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BDC Capital / CDC New England Announces SBA 504 Business Development Officer
May 3, 2022
BDC Capital Corporation is pleased to announce Lauren Angat as our newest SBA 504 Business Development Officer. Dave Raccio, SVP, Managing Director of SBA 504 Sales, stated "Lauren has a strong background working in banking and SBA lending. We’re confident that Lauren will be a great addition to our team in providing fast turnaround and clear communications for SBA 504 loans." Lauren Angat joined BDC as Vice President, Business Development Officer in 2022 after a seven year career in banking with TD Bank. While working for TD Bank, Lauren gained experience with Small Business, Commerci
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BDC Capital Sponsors the 2022 MassRecycle Conference & Trade Show (All Virtual) on March 31st and April 1st, 2022.
March 29, 2022
BDC Capital sponsors the 2022 MassRecycle Conference & Trade Show (All Virtual) on March 31st and April 1st, 2022. BDC Capital administers the Massachusetts Recycling Loan Fund to support the financing needs of companies engage in recycling and re-use throughout Massachusetts. The Recycling Loan Fund offers loans ranging from $50,000 to $500,000 to help Massachusetts businesses active in recycling-related activities obtain the capital needed for any reasonable business purpose. BDC Capital is glad to exhibit at the 2022 MassRecycle Conference! https://lnkd.in/gxgpQkm
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BDC Capital Welcomes BankNewport as A Member Bank
March 10, 2022
BDC Capital Welcomes BankNewport as A Member Bank BankNewport, located in Rhode Island, recently became a BDC Capital member bank and joins over 35 financial institutions located throughout New England as the primary funding source for BDC’s various financing programs. Paul F. Flynn, Jr., BDC Capital’s President and CEO, stated that “BDC works in partnership with banks and investors to deliver customized financing solutions beyond the scope of conventional financing. Bankers refer many of their customers to us to help extend their institution's lending capac
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BDC Capital Welcomes NBT Bank as A Member Bank
February 28, 2022
BDC Capital Welcomes NBT Bank as A Member Bank NBT Bank, serving a northeast footprint that spans seven states and encompasses a network of 140 locations, recently became a BDC Capital member bank. NBT joins over 35 financial institutions located throughout New England as the primary funding source for BDC’s various financing programs. Paul F. Flynn, Jr., BDC Capital’s President and CEO, stated “BDC works in partnership with banks and investors to deliver customized financing solutions beyond the scope of conventional financing. Bankers refer many of their c
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BDC Capital Welcomes South Shore Bank as A Member Bank
December 27, 2021
BDC Capital Welcomes South Shore Bank as A Member Bank South Shore Bank recently became a BDC Capital member bank and joins over 30 financial institutions located throughout New England as the primary funding source for BDC’s various financing programs. Paul F. Flynn, Jr., BDC Capital’s President and CEO, stated that “BDC works in partnership with banks and investors to deliver customized financing solutions beyond the scope of conventional financing. Bankers refer many of their customers to us to help extend their institution's lending capacity. South Shore Bank is a great addit
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BDC Capital – Mezzanine Investments: Successful Deals
December 2, 2021
Mezzanine Capital $1 Million to $5 Million Throughout New England BDC Capital Successful Deals – Provided Non-Dilutive Growth Financing Consumer Products Company - permitted rapid growth without requiring equity financing. Company was able to grow revenue at a compound annual rate of 53% while the BDC loan was outstanding. Consumer Products Company – facilitated rapid growth while postponing the need for equity financing. This allowed the company to reach sufficient scale and close a large equity financing at a significantly higher valuation. As a result, the founders were able
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BDC Capital – Mass. Recycling Loan Fund – New Solid Waste Plan
November 18, 2021
Will the 2030 Solid Waste Master Plan create new opportunities for your business? Massachusetts has published the new 2030 Solid Waste Master Plan. The Plan sets aggressive waste reduction goals and places an increased emphasis on building new recycling markets in Massachusetts. The Plan also establishes new waste disposal bans. Effective next year on November 1, 2022: Mattresses will be banned from disposal. Textiles will be banned from disposal. The threshold for the commercial organics disposal ban will be lowered to apply to businesses generating one-half ton (currently
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