Business Development Company

Listed

Direct business lender for business lines of credit and working capital loansProvidence, Rhode IslandBased in Rhode Island; service area not yet provided

BBLL 000619Listed Oct 2026From public recordsLast checked Oct 31, 2026

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About

Business Development Company lends to established, revenue-generating firms in Rhode Island, southeastern Massachusetts and eastern Connecticut. It can be a primary lender or provide subordinate finance alongside a bank.

Direct business lender. Directly funds business financing; products and terms depend on the lender.

This entry starts from public records. The lender fills in the rest when it claims the entry, which is free.

What they lend

Business lines of credit Working capital loans Equipment financing Term loans SBA 7(a) loans Commercial real estate loans

General small business

From the lender's own site and public records.

A second look at Business Development Company

Direct nonbank business lender and approved SBA 7(a)/Express lender.

Published by Levr, not by Business Development Company. This is a source-based profile and editorial assessment, not customer reviews or a promise of approval. Sources checked October 31, 2026.

Visit the official provider website →

Programs and published requirements

Compare the specific program and legal funding entity on your offer. Advertised limits and minimums do not guarantee eligibility or your price.

Term loans and revolving credit

Range: The lending-basics page publishes $90,000–$600,000.
Term lending: Usually repaid monthly over five to seven years; fixed or floating rates and initial interest-only periods may be available.
Uses: Equipment/vehicles, expansion, debt restructuring, acquisition and partner buyouts.
Revolving credit: Lines support receivable timing, inventory and seasonal payroll/vendor costs; availability is commonly based on eligible receivables and inventory.

Provider sources: Official lending and lender information · Official lending and lender information · Official lending and lender information

When it may fit

Our assessment of the published programs

Established businesses in the lender’s southern New England service area needing tailored credit.

What to weigh carefully

SBA and conventional programs have distinct terms and eligibility.
A lending consultation is not an approval; security, fees and current rate require a quote.

Questions before you accept an offer

Will my loan be senior, subordinate or SBA guaranteed?
What borrowing-base reporting or maturity conditions apply?

Ask for written terms. Compare net cash received, total repayment, fees, payment timing and early-payoff costs for the same financing need.

Prepare your comparison

Use the same questions and figures for each offer you receive.

Alternatives to research

These are options for a related financing need, not a ranking or a claim of equivalent eligibility or pricing.

BDC Capital

BDC Capital provides another New England business-finance comparison.

New Hampshire Community Loan Fund

New Hampshire Community Loan Fund offers regional financing where its neighboring-state eligibility permits.

The lender

Type: Direct business lender
Legal name: Not yet provided Add it
Founded: 1953
Charter: Not yet provided Add it
Headquarters: Providence, Rhode Island
Service area: Based in Rhode Island; service area not yet provided
Meets in person: Not yet provided Add it
Languages: Not yet provided Add it
Program approvals: Not yet provided Add it
Also lends to consumers: Not yet provided Add it
Website: bdcri.com
LinkedIn: Not yet provided Add it

Loan officers at this lender

No loan officers listed yet. Work here? Claim your profile.

Not sure which lender to choose?

You do not have to choose on your own. Sign up through BusinessLoanBroker.ai, tell us what your business needs, and get help with your financing options and next steps.

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Request contact

Tell us what your business needs. Our team reviews your request before arranging the next step.

Charter and approvals

None on file yet.

Location

Based in Rhode Island; service area not yet provided.

Sources: Business Development Company information (Oct 31, 2026), Official firm website (Oct 31, 2026), Official brokerage logo (Oct 31, 2026), Official lending and lender information (Oct 31, 2026), Official lending and lender information (Oct 31, 2026).

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Standing rises on evidence, never on payment.