# BDC Capital (BDC New England)

> BDC Capital is America's oldest business development corporation, founded in 1953 and headquartered in New England. It provides customized financing solutions from $100,000 to $10 million to businesses across Massachusetts, Rhode Island, Connecticut, Vermont, New Hampshire, and Maine. Over 73 years, BDC Capital has invested more than $2.5 billion in over 8,300 companies, bridging the gap between traditional bank lending and the actual capital needs of growing businesses.

## About

- [About BDC Capital](https://bdcnewengland.com/about-us): History, mission, leadership, and organizational overview. BDC Capital operates as a private entity, enabling flexibility with complex or classified credits outside traditional banking regulations. Partners with 100+ banks and credit unions throughout New England.

## Loan Programs

- [Loan Programs Overview](https://bdcnewengland.com/): Full suite of financing products for New England businesses.
- [Asset-Based Lines of Credit](https://bdcnewengland.com/): Revolving credit lines from $750,000 to $10 million secured by accounts receivable and inventory.
- [Term Loans](https://bdcnewengland.com/): Equipment, real estate, and acquisition financing.
- [Mezzanine Financing](https://bdcnewengland.com/): Subordinated debt financing from $1 million to $7 million or more for growth, acquisitions, and recapitalizations.
- [Cash Flow Loans](https://bdcnewengland.com/): Senior and junior cash flow-based loans from $1 million to $7 million or more.
- [Massachusetts Capital Access Program](https://bdcnewengland.com/): State-backed program supporting Massachusetts small businesses.
- [Massachusetts Recycling Loan Fund](https://bdcnewengland.com/): Financing for Massachusetts businesses in the recycling and waste reduction sector.
- [Rhode Island Capital Access Program](https://bdcnewengland.com/): State-backed program supporting Rhode Island small businesses.
- [Rhode Island SSBCI](https://bdcnewengland.com/): State Small Business Credit Initiative loans from $100,000 to $3 million for Rhode Island businesses.

## Key Differentiators

- Local decision-making by regional experts with deep New England market knowledge
- Specializes in complex credit situations, classified loan restructuring, and turnaround scenarios
- Private structure allows flexible underwriting standards outside traditional bank regulations
- Real-time asset monitoring through daily-followed lending practices
- Collaborative model works alongside existing banking relationships, not against them

## Leadership

- **Paul F. Flynn, Jr.** — President & CEO
- **Kenneth J. Smith** — Executive Vice Chair
- **John L. Hackett** — CFO
- **Al Barzykowski** — Managing Director of Business Lending

## Contact

- **Phone:** (781) 928-1100
- **Website:** https://bdcnewengland.com/
- **Service Area:** Massachusetts, Rhode Island, Connecticut, Vermont, New Hampshire, Maine
- **Contact Form:** https://bdcnewengland.com/contact

## Optional

- [Member Banks](https://bdcnewengland.com/member-banks): List of 100+ partner financial institutions throughout New England.
- [Newsroom](https://bdcnewengland.com/newsroom): Press releases, news, and company announcements.
- [Locations](https://bdcnewengland.com/locations): Regional office locations across New England.