January 3, 2024
Let us recycle some money into your business!
BDC Capital: Massachusetts Recycling Loan Fund
More than $18 million of flexible financing provided to Massachusetts businesses active in some form of SOLID WASTE RECYCLING
- Has growth placed a strain on your working capital?
- Would longer terms on equipment financing help reduce monthly payments and preserve valuable working capital?
- Are you in need of capital to expand?
Administered by BDC Capital, and funded by the Massachusetts Department of Environmental Protection, the Recycling Loan Fund is an excellent way to obtain the financing you need.
Loans range from $50,000 to $500,000, and are used to help Massachusetts businesses active in recycling-related activities obtain the capital needed for any reasonable business purpose.
For a low cost, fixed rate financing, the Recycling Loan Fund can offer your business incentive financing with fixed rates as low as 2.0%!
Some examples of businesses we have financed include:
- Anaerobic Digester facility
- Asphalt plant
- C&D processing facility
- Composting facility
- Converter of paper with recycled content
- Electronics recycler
- Foundry
- Manufacturer of recycled-content plastic products
- Paper and document shredder
- Scrap metal dealer
- Waste hauler
ABOUT BDC CAPITAL:
The oldest business development corporation in the United States, BDC Capital has been recognized locally and nationally as a leader and innovator in business lending and capital investment. More than 30 of New England’s leading financial institutions invest in BDC to help promising companies expand. Since our creation in 1953, we have invested more than $1 billion in thousands of companies in New England.
Whether the need is $500,000 or $5 million, BDC Capital provides a wide range of financing solutions. We offer asset-based lines of credit, senior debt, junior secured debt, mezzanine investments and private equity options, all of which are customized to suit the needs of a business.
Our affiliate, CDC New England, provides SBA 504 loans for owner-occupied real estate and equipment.
For more information, visit our web site, call us at 781-928-1100, or contact:
Dave Harrington
Email: dharrington@bdcnewengland.com
Work: 781-928-1117
Carol C. Brennan
Email: cbrennan@bdcnewengland.com
Cell: 413-237-6648
Scott Brunini
Email: sbrunini@bdcnewengland.com
Cell: 781-928-1127
