News

  • BDC Capital Funds Chopsticks Recycler – Mass. Recycling Loan Fund

    January 3, 2024

    BDC Capital Funds Chopsticks Recycler through the Massachusetts Recycling Loan Fund ChopValue Boston: "Redefining waste to resource, one chopstick at a time" BDC Capital provided a term loan to ChopValue Boston through the Massachusetts Recycling Loan Fund. The proceeds will fund leasehold improvements and equipment purchases. ChopValue Boston makes sustainable furnishings and customized gifts from recycled chopsticks. The company collects its feedstock from 100+ Boston area restaurants and manufactures products locally in Charlestown. Did you know that 886 chopsticks could m

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  • BDC Capital Welcomes Webster Bank as a Member Bank

    BDC Capital Welcomes Webster Bank as a Member Bank Webster Bank, headquartered in Stamford, CT, recently became a BDC Capital member bank and joins 38 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. Webster Ban

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  • BDC Capital Welcomes Dedham Savings as a Member Bank

    BDC Capital Welcomes Dedham Savings as a Member Bank Dedham Savings, headquartered in Dedham, Massachusetts, recently became a BDC Capital member bank and joins 37 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

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  • BDC Capital Welcomes Coastal Heritage Bank as a Member Bank

    BDC Capital Welcomes Coastal Heritage Bank as a Member Bank Coastal Heritage Bank, located in Weymouth, Massachusetts, recently became a BDC Capital member bank and joins 36 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 lendin

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  • BDC Community Capital Corp. Announces Karim Hill as President

    BDC Community Capital Corp. Announces Karim Hill as President BDC Community Capital Corp. is pleased to announce Karim Hill as President. BDC Community Capital Corp. (CCC) is a not-for-profit, U.S. Treasury-certified, community development finance institution (CDFI) that provides capital to minority-owned businesses and to businesses that impact low to moderate income employment opportunities throughout New England. It is an affiliate of BDC Capital Corporation. Paul F. Flynn Jr., President & CEO of BDC Capital, stated "We’re excited about Karim joining us to spearhea

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  • BDC Capital / CDC New England Announces SBA 504 Business Development Officer

    BDC Capital Corporation is pleased to announce Lauren Angat as our newest SBA 504 Business Development Officer. Dave Raccio, SVP, Managing Director of SBA 504 Sales, stated "Lauren has a strong background working in banking and SBA lending. We’re confident that Lauren will be a great addition to our team in providing fast turnaround and clear communications for SBA 504 loans." Lauren Angat joined BDC as Vice President, Business Development Officer in 2022 after a seven year career in banking with TD Bank. While working for TD Bank, Lauren gained experience with Small Business, Commerc

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  • BDC Capital Sponsors the 2022 MassRecycle Conference & Trade Show (All Virtual) on March 31st and April 1st, 2022.

    BDC Capital sponsors the 2022 MassRecycle Conference & Trade Show (All Virtual) on March 31st and April 1st, 2022. BDC Capital administers the Massachusetts Recycling Loan Fund to support the financing needs of companies engage in recycling and re-use throughout Massachusetts. The Recycling Loan Fund offers loans ranging from $50,000 to $500,000 to help Massachusetts businesses active in recycling-related activities obtain the capital needed for any reasonable business purpose. BDC Capital is glad to exhibit at the 2022 MassRecycle Conference! https://lnkd.in/gxgpQkm

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  • BDC Capital Welcomes BankNewport as A Member Bank

    BDC Capital Welcomes BankNewport as A Member Bank BankNewport, located in Rhode Island, recently became a BDC Capital member bank and joins over 35 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. BankNewport is

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  • BDC Capital Welcomes NBT Bank as A Member Bank

    BDC Capital Welcomes NBT Bank as A Member Bank NBT Bank, serving a northeast footprint that spans seven states and encompasses a network of 140 locations, recently became a BDC Capital member bank. NBT joins over 35 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 “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 h

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  • BDC Capital Welcomes South Shore Bank as A Member Bank

    BDC Capital Welcomes South Shore Bank as A Member Bank South Shore Bank recently became a BDC Capital member bank and joins over 30 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. South Shore Bank is a great ad

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