.svg)
At BDC Capital, our goal is simple: bridge the gap between what traditional banks can comfortably lend and the actual capital a growing business needs.
In today’s dynamic and shifting credit environment, securing the right capital structure requires creativity, speed, and trusted partnerships. We work hand-in-hand with New England’s regional and community banks to find a "yes" where others see a roadblock.
To show you exactly what that looks like in practice, here is a look at a few of our recent transactions.
Deal Highlight 1: Fueling a $5 Million Expansion for a Consumer Goods Distributor
The Challenge
A successful, long-standing consumer packaged-goods distributor was experiencing rapid sales growth and executing an aggressive geographic expansion. To support this growth, the company invested heavily in opening two new, massive warehouse facilities.
While interim financial results showed a strong return to profitability, the heavy upfront capital investments had caused temporary annual losses on their balance sheet. The company’s long-time partner bank wanted to support them by raising their existing $3 million conventional line of credit to $8 million—but traditional bank regulatory constraints prevented them from taking on that much risk alone.
The BDC Solution
The bank brought in BDC Capital to co-structure the deal. We stepped in with an $8 million fully-followed asset-based line of credit (ABL) secured against the company's accounts receivable and inventory.
- The Structure: The partner bank participated directly in the pool by increasing its commitment from $3 million to $4 million, while BDC Capital committed the remaining $4 million.
- The Result: The company secured the full $8 million in working capital it needed to sustain its expansion, and the bank successfully preserved and grew a vital client relationship while staying perfectly within its risk profile.
Deal Highlight 2: Non-Dilutive Mezzanine Capital for an Online Tech Platform
The Challenge
An online ticket distribution and logistics platform was experiencing a massive surge in demand and a strong post-market rebound. The company’s executive team needed to refinance an existing federal government Main Street loan alongside other legacy debt, while simultaneously unlocking fresh working capital to ride their growth wave. They wanted to avoid selling equity, which would dilute the founders' ownership.
The BDC Solution
BDC Capital introduced the company to a partner commercial bank that had a deep comfort level with tech-enabled service platforms.
- The Structure: The partner bank stepped up to provide a primary $20 million senior Line of Credit. To complete the capital stack, BDC Capital provided a $5 million mezzanine investment in a subordinated position to the bank.
- The Result: The tech platform successfully restructured its debt and secured a massive runway of working capital. Best of all, because mezzanine financing acts as junior debt, the founders maintained 100% control of their corporate equity.
Inside the Deal Structures
Every transaction we fund is customized. These recent deals illustrate the two primary ways BDC Capital collaborates with traditional lenders to engineer growth:
How Can We Help You Complete the Puzzle?
If your business is staring down a major opportunity but traditional lending sources are leaving a "gap" in your funding requirements, you don’t have to downsize your vision.
- For Business Owners & CFOs: We can structure asset-based lines, mezzanine debt, or cash flow loans tailored to your unique transition, acquisition, or expansion.
- For Commercial Bankers: If you have a strong client whose credit needs have outgrown your current lending limits or regulatory boundaries, let’s partner to keep that relationship in your house.
