January 3, 2024
BDC Capital Welcomes Cape Cod 5 as a Member Bank
The Cape Cod Five Cents Savings Bank (“Cape Cod 5”), headquartered in Hyannis, MA, recently became a BDC Capital member bank and joins 39 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. Cape Cod 5 is a great addition to our membership.”
“As a community bank, Cape Cod 5 is dedicated to enriching the lives of our customers and communities and serving as a trusted partner for growing and new businesses,” said Bert Talerman, President, Cape Cod 5. “Our continued partnership with BDC Capital will help to strengthen this mission.”
Cape Cod 5 joins the list of 39 BDC member financial institutions:
- Bank of America
- Bank of New England
- BankNewport
- Bank Rhode Island
- Bar Harbor Bank & Trust
- Bay State Savings Bank
- Berkshire Bank
- Brookline Bank
- Brown Brothers Harriman & Co.
- Cambridge Savings Bank
- Cambridge Trust Company
- Cape Ann Savings Bank
- Citizens Bank of Massachusetts
- Coastal Heritage Bank
- Country Bank for Savings
- Dedham Savings
- Eastern Bank
- Enterprise Bank and Trust Company
- Everett Co-Operative Bank
- HarborOne Bank
- John Hancock Financial Services
- Liberty Bank
- Middlesex Savings Bank
- MountainOne
- M&T Bank
- NBT Bank
- Needham Bank
- Newburyport Bank
- North Shore Bank
- Northmark Bank
- Radius Bank dba LendingClub
- Rockland Trust Company
- Santander
- Silicon Valley Bank
- South Shore Bank
- TD Bank
- Webster Bank
- Westfield Bank
- Washington Trust Company
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. Many of New England’s leading financial institutions invest in BDC to help promising companies expand. For almost 70 years, we have invested more than $1.5 billion in thousands of companies in New England.
Whether the need is $500,000 or $10 million, BDC Capital provides a wide range of financing solutions. We offer asset-based lines of credit, senior debt, junior secured debt, mezzanine investments, SBA 504 loans, and private equity options, all of which are customized to suit the needs of a business.
ABOUT CAPE COD 5:
Founded in 1855, Cape Cod 5 is a community bank with $5 billion in assets, offering a broad range of products, tools and services to empower its customers on their financial journeys. As a mutual institution with no stockholders, all earnings are invested to support its mission of serving customers and the communities in which they live and work.
More information about Cape Cod 5 is available online at: https://www.capecodfive.com/.
For more information, visit our website, call us at 781-928-1100, or contact:
Paul F. Flynn, Jr.
Email: pflynn@bdcnewengland.com
Work: 781-928-1133
Carol C. Brennan
Email: cbrennan@bdcnewengland.com
Cell: 413-237-6648
