BDC Capital, founded in 1953 and based in Wakefield, Massachusetts, is the oldest business development corporation in the United States. For more than seventy years, the firm has worked alongside banks, credit unions and community organizations to bridge the gap between conventional lenders and businesses in Massachusetts, Connecticut, Maine, Rhode Island and New Hampshire. With six regional offices, over $2.3 billion invested and support extended to more than 8,300 companies, BDC Capital has built a reputation for providing tailored financing that adapts to local market needs.
Specializing in flexible financing between $500,000 and $10 million, BDC Capital offers senior short and long term debt, subordinated and mezzanine financing, private equity investments and asset-based lines of credit. Clients draw on these resources for working capital, machinery and equipment purchases, real estate acquisition, business expansions and debt restructuring. Through dedicated programs such as the 504 Term Loan, Massachusetts Capital Access Program, Massachusetts Recycling Loan Fund, Rhode Island Capital Access Program and Rhode Island SSBCI Loan Participations, the company meets varied sector requirements, from manufacturing and services to real estate development and community finance projects.
Although BDC Capital does not maintain a designated clean technology or battery investment fund, its core lending framework remains available to companies involved in sustainable manufacturing, energy services and infrastructure upgrades. Eligible borrowers pursuing environmental, efficiency or energy modernization initiatives can access the same range of financing programs, ensuring that all growing enterprises have an opportunity to secure the capital needed for innovation, expansion and long term operational needs.
