Business Development Corp
The Business Development Corporation (BDC), located in South Bend, IN, has been dedicated to supporting entrepreneurs and small businesses for over 30 years by providing supplemental long-term fixed-rate loans in partnership with traditional lenders. Since its inception in 1982, BDC has contributed to the local economy by preserving existing jobs and generating new employment opportunities, totaling over 6,000 in Indiana and Lower Michigan.
As a Priority Certified Development Company designated by the U.S. Small Business Administration, BDC offers various financing options, including the SBA 504 Loan Program, which features up to 90% financing, long-term fixed interest rates, and customized term lengths for real estate and equipment. The organization continues to play a pivotal role in revitalizing local communities while focusing on the growth and advancement of small businesses.
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