|Whether your company needs to borrow money for purchasing equipment and machinery, supporting accounts receivable and inventory, or investing in growth, The Business Development Company provides capital to companies experiencing difficulty obtaining all the funding they need from traditional sources. Since 1953 we have helped our portfolio companies become stronger marketplace competitors, thereby creating and retaining jobs in Rhode Island and in nearby Massachusetts and Connecticut.
Small and medium sized businesses benefit from our creative underwriting and flexible loan structures, and we frequently supplement a company's primary banking relationship with one of The Business Development Company's member banks. Whether it's through an SBA Loan, a term loan or a line of credit, we can provide the solution.
The ability to look beyond financial statements and see that great companies are not always bankable not only sets us apart, but is also why our capital can help with debt restructuring after a turnaround, provide funding to finance receivables and/or inventory, supply capital for expansion and/or growth, and fund mergers and/or acquisitions.
So if you need money (and we have money), let us find the right financing solution for your business. Contact us today!