We Can Help You Get the Financing You Need!

 

CBIA can help your company get the financing it needs, through our affiliate BDC Capital.

 

Available types of financing include:

 

Revolving Lines of Credit – Working capital lines of credit are available for companies in a variety of different industries including manufacturing, wholesaling, distribution and business services. These revolving lines of credit are secured by your business accounts receivable and inventory, and are available in amounts from $500,000 to $3 million.

 

SBA504 Loans – SBA504 loans may be used for the purchase of land and buildings; new construction, renovation and leasehold improvements; and acquisition of machinery and equipment.

 

Direct Term Loans – These loans bridge the gap between financial needs and conventional bank financing. Loans ranging from $500,000 to $3 million may be either senior debt or secondary to a primary financing arrangement. They may be used for any reasonable business purpose. Our funds are sourced from our member banks.

 

Mezzanine Capital – $750,000 to $5 million in mezzanine capital is primarily for companies that require additional capital outside of conventional debt or equity financing channels.  Investments are typically utilized where there are strong prospects for company growth, capital expansion, management transitions or acquisitions.

 

Community Loans – BDC Capital provides community loans to companies that are minority or women-owned, not-for-profit, employ a predominantly minority workforce, or demonstrate a direct positive impact on economically disadvantaged areas.   The loans may be used for equipment, real estate, working capital or any other reasonable business or community development purpose.

 

For more information, contact CBIA’s Tom Guerra at 860-244-1160 or tom.guerra@cbia.com.

 

 

ABOUT BDC CAPITAL:  Funded by banks, and a member of the Connecticut Banker's Association, BDC Capital can provide CBIA members with financing designed to supplement conventional bank lending. Their primary focus is to assist banks in delivering funding to businesses by providing supplementary financing which complements what banks are willing to provide.