SFNet Member Spotlight: BDC Capital Corporation

BDC Capital Corporation
500 Edgewater Dr., Ste 555
Wakefield, MA 01880-6232
781) 928-1100
www.bdcnewengland.com

Established in 1953, BDC Capital is a private, mission driven economic development company that provides financing and investment capital for growing companies in New England. We have been recognized locally and nationally as a leader and innovator in business lending and investment. BDC Capital provides “gap financing” – supplemental assistance that bridges conventional lending and the greater needs of business and industry.  For nearly 70 years, our programs have assisted thousands of New England based companies with over $1 billion of financial assistance.

In fulfilling our mission, we have a responsibility to our investors, customers, fellow employees, business partners and competitors to exemplify the following values:

Integrity – Our investors have placed great trust in us to manage their capital both prudently and ethically. When we make an investment, our integrity is key to the success of our client companies and the financial well-being of their workers. Our reputation for integrity is the most valuable asset of our organization and we continue to maintain the highest ethical standards.

Service – We seek to serve, not to be served. We will go to great lengths to provide not only what is expected of us but also what is unexpected in our service to others.

Professionalism – We will conduct ourselves to the highest standards of our profession. We will make our decisions with prudence, maintain strict confidentiality, and be forthright in all our dealings.

Teamwork – Teamwork starts with respect for the individual and the varied talents each brings to the organization. Teamwork requires an appreciation for diversity within the workplace and an attitude of receptiveness and acceptance in communications with others. We stand by the principles of Fairness, Inclusion and Respect – including promoting equality and diversity and combatting discrimination.

Empowerment – We encourage and create avenues for individual growth. We encourage personal responsibility and reward extra effort and innovation.

SFNet Member Director, Kenneth J. Smith

Since 1984, Ken has served as the Chief Executive Officer of BDC Capital. From 1984-2018, Ken also served as the President of BDC Capital. During his tenure the company has grown from a small, single state lending operation to a six state, diversified loan and investment company with offices throughout New England. BDC Capital now manages several mezzanine investment funds, to compliment a broad array of small business loan programs that they have used to serve local area businesses for nearly 70 years. BDC Capital now has more than $2 billion in loans and investments to hundreds of companies throughout New England.

Ken is a graduate of the University of Massachusetts and Northeastern University and he has won numerous accolades over the years, including being named one of Boston’s Ten Outstanding Young Leaders. BDC Capital has been named the top performing Business Development Corporation in the country and is noted for its innovative programs for small business lending and investing.