Our Story

The Business Development Company is committed to supporting local small businesses that are unable to secure all the funding they need from traditional sources. For over 65 years, we have worked closely with business owners in the regions we serve (MA, CT and RI) to promote financial success, job creation and job retention. We have the flexibility to customize loan structures and terms to meet the unique needs of the businesses we work with because we are not bound by the same regulatory restrictions as a bank. We are proud to be a reliable funding source for many small businesses and often work with their banks in a supplementary role. 

Building a successful lending relationship requires mutual commitment and trust. At the BDC, we take the time to understand our clients’ businesses and work closely with them to achieve their goals. This personalized approach, combined with a commitment to understanding our clients, is the key to a win-win relationship. And by investing in small business success, we are investing in our community’s future.