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Jarrad Herzog Email
SVP - Asset Based Lending . BDC Capital
Wakefield, MA
Locationj******@bdcnewengland.com
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About
BDC Capital provides innovative financing to New England businesses that might not be able to obtain all the financing needed from conventional lenders. These businesses might have a collateral shortfall, temporary losses, or high leverage. We provide financing for any business purpose by supplementing bank financing. BDC Capital is a 60 year-old private company. We source the funds for our loans and investments from our 28 member banks. We can work with any type of business and their lender to provide innovative financing. We have offices in Wakefield, MA, Hartford, CT, Portland, ME, and Providence, RI. We can work with any lender to help "fill the gap" for any business purpose. Our financing includes: -revolving asset-based lines of credit from $500,000 to $3 million; -direct term loans from $500,000 to $3 million, typically in a junior secured position; -mezzanine investments from $750,000 to $3 million. -SBA 504 loans for real estate and machinery & equipment through our affiliate New England CDC; BDC Capital also administers several state-sponsored programs for Massachusetts businesses including the Capital Access Program, the Recycling Loan Fund, and a Brownfields Insurance Program. In summary, we help businesses grow by bridging the capital gap.BDC Capital Address
500 Edgewater Drive, Suite 555Wakefield, MA
United States