News

BDC Capital Announces Mr. Paul F. Flynn Jr. as President

January 2, 2019

The Board of Directors of BDC Capital Corporation, the oldest business development corporation in the United States, is pleased to announce the appointment of Mr. Paul F. Flynn Jr., of Bedford, MA as its new President. Mr. Flynn joined BDC in 2013 as Chief Operating Officer and has helped to oversee dramatic growth in this Boston-based loan and investment company. In just the last few years Mr. Flynn has helped guide the company's expansion into all six New England states building a $700 million portfolio of loans and investments in some of the most successful companies in the region. "Paul

CDC New England Hosts a Training Event

December 7, 2018

Top SBA Lender in New England

November 14, 2018

On November 9th, 2018, CDC New England was named a top Lender in New England, leading the market in terms of dollars lent in Massachusetts, as well as all of New England. CDC New England was also named the #1 Lender in terms of dollars lent and number of loans approved in both Western Massachusetts and Connecticut. The Organization set a record fiscal year providing just over $102 Million to small businesses throughout New England. [su_frame align="center"][/su_frame]

North Grafton Based Business Expands with Help of BDC New England

November 8, 2017

NORTH GRAFTON, MASSACHUSETTS, November 8, 2017: Theroux Dental Associates, a North Grafton-based dental practice, recently received much needed capital to expand its operations and finance new, state-of-the-art dental equipment. According to Marc and Tina Theroux, owners of Theroux Dental Associates, the practice required financing to build new space for its growing practice and invest in new, high tech dental equipment which allows it to remain at the forefront of the industry. “We turned to Mike Topalian of BDC Capital to guide us on how to expand in an affordable way,” said Marc The

Durham-Based Business Expands with Help of BDC New England

August 28, 2017

DURHAM, NEW HAMPSHIRE, AUGUST 28, 2017: Village Pizza and Scorpions Grill, a Durham, New Hampshire business serving the community for over 50 years, received an attractive financing package to purchase the building it has occupied for some five decades.   According to owners, Graham Camire and Frank Silva who purchased the restaurant in 2005, the opportunity to purchase their space was too good to pass up, but required some creative financing. “We turned to our banker, Shawn Ford at Eagle Bank to explore our options and to see if our dream of owning our own space could become a r

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

South Deerfield-Based Business Expands with Help of BDC Capital

July 17, 2017

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 help further the brand’s mission. “This equipment expansion will s

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

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.

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