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Concord's Development Council Collaborating With Business Investor

Published Tuesday Mar 1, 2011

The Capital Region Development Council, in Concord, is collaborating with BDC Capital Corporation and New England Certified Development Corp. to assist small- and mid‐size NH businesses with attaining capital investment.

"BDC is a New England-wide loan and investment company with more than $600 million invested in companies around the six state region," said Stephen Heavener, executive director of Capital Region Development Council (CRDC). "They bring a wide range of financing resources to our local clients including revolving lines of credit, SBA term loans, and mezzanine investment. Like CRDC, they are a successful New England- based SBA 504 lender. CRDC plans to work with BDC to bring all of these financing options to companies in New Hampshire to complement the lending tools CRDC already offers."

"CRDC is a well‐respected local lender throughout New Hampshire and we welcome the opportunity to work with them," said Ken Smith, president of BDC Capital.

BDC and its affiliate, New England Certified Development Corp., are sharing office space with CRDC at 91 North State Street in Concord.

 

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