If you’re looking at a deal that has a leveraged balance sheet, temporary losses, or insufficient collateral, especially in today’s economic environment, give us a call at BDC Capital. We are here to help bankers get deals done with an array of highly flexible programs. Listed below are three deals in New England that BDC Capital […]
Read More »December, 2020 BDC Capital provided a $2.5 million revolving asset-based line of credit to a family-owned recycler based in New England. The metals recycler and processor operates out of multiple locations, and recently expanded their facilities to meet the demands of their expanding customer base. The BDC Capital revolving line of credit is secured by […]
Read More »As You Help Your Customers Re-Open: . The Rhode Island Capital Access Program (RI CAP) is an easy-to-use Main Street and small business loan program from $1,000 to $750,000 for Rhode Island businesses. . RI CAP provides additional cash collateral to lenders seeking to help their clients re-open. . Very little paperwork + Simple to use + Cash reserves = Makes borrowers […]
Read More »Case Summary: BDC Capital provides $400,000 term loan for a Rhode Island distributor through the Goldman Sachs 10,000 Small Businesses Initiative program. Overview: A family-owned refrigerated transportation and warehousing business based in Rhode Island needed to restructure several loans. The company takes in products primarily from food manufacturers and transports the products to points throughout […]
Read More »BDC Capital is pleased to announce that over $2.5 million of loans through the Goldman Sachs 10,000 Small Businesses loan program has been funded to Rhode Island small businesses. Goldman Sachs, in conjunction with other small business loan initiatives of Governor Gina Raimondo, committed $5.0 million to this program. If you have a client […]
Read More »The Rhode Island Capital Access Program (RI CAP) is a unique small business loan program for loans up to $750,000 for businesses located in RI. It simplifies borrowing for local businesses and provides access to hard to find capital. Twenty banks and credit unions have signed up as partners to extend credit to bring more […]
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Rhode Island Capital Corporation is pleased to announce that a Goldman Sachs 10,000 Small Business Initiative loan has been funded for Roderick Landscapes, Inc. to help acquire Fred. T. Kirby & Sons of Middletown, Rhode Island. The announcement was made by Carol Cedrone Brennan, Director of Business Development for RI Capital. Roderick specializes in […]
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SMITHFIELD, RHODE ISLAND, SEPTEMBER 18, 2017: Cool Air Creations, Inc., a full-service commercial screen printer and embroiderer recently received much needed capital to expand its operations through the Goldman Sachs 10,000 Small Businesses loan program and the Rhode Island Capital Access Program initiated by Rhode Island Capital Corporation. According to Carol Brennan, Director of […]
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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). 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, […]
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