Expect Faster SBA Loan Decisions – Maria Contreras-Sweet

The current Administrator of the Small Business Administration, Maria Contreras-Sweet was recently featured in an article in American Banker Magazine describing the changes to be implemented in the SBA loan processes which should help simplify SBA lending, speed up decision making, provide additional capital to small businesses and foster continued job growth. Click here to […]

Wings Etc. – Elkhart, Osceola, Dunlap, Ft. Wayne

In 2005, the BDC assisted in financing the Wings Etc. location on C.R. 6 in Elkhart, IN. Since then, the owners have been able to utilize the SBA 504 loan program to help finance the opening of four other locations in Osceola, Goshen, Dunlap and Ft. Wayne. Wings Etc. is recognized as a highly successful […]

Evil Czech Brewery – Mishawaka, Indiana

  The BDC is proud to have assisted owners George and Tammy Pesek, expand their Evil Czech Brewery and Public House to Mishawaka, IN with the utilization of the SBA 504 loan program in 2014. The 9,400 sq. ft. building underwent an impressive renovation and since opening, has won the approval of many micro-brew aficionados […]

BDC 2013 Annual Awards Luncheon

On Thursday, December 5th, Business Development Corporation hosted the Annual Fall Awards Luncheon where we recognize participating banks and individual bankers for their efforts and success in SBA 504 lending. In 2013, the following parties were recognized: Dana Trowbridge, First State Bank of Middlebury – Individual banker with the highest dollar amount of SBA 504 approvals […]

Corndance Tavern – Mishawaka, Indiana

At Corndance Tavern, they celebrate and honor the traditions of the Potawatomi Indians, native to this region for nearly 200 years, by offering customers a cuisine made from only the freshest ingredients, respectfully acquired from the land. Chef Nicholas Ruse sources his ingredients from local ranches, orchards, and fields whenever possible to create unique flavorful […]

KOA Campgrounds – South Bend, Elkhart North

KOA invites campers to relax at this peaceful family campground, nestled between the pulsing cities of South Bend and Elkhart, a short distance from the University of Notre Dame and “RV capital of the world”. The 13 acre wooded campground offers 100 campsites including 22 cabins that preserve a rustic feel and allow guests to […]

Press Release: BDC recognizes…

FOR IMMEDIATE RELEASE Contact: Dan Jones Business Development Corporation 574-288-5758 Fax: 574-288-5759 E-mail Address: djones@bdcloan.com Website Address: www.bdcloan.com BDC Recognizes Area Lenders and Announces “New 504 Program” Designed for Stimulating Small Business South Bend, IN, December, 2011 – At their annual luncheon hosted at Trio’s in downtown South Bend, the Business Development Corporation presented a […]

Press release: New BDC Location

October, 2011— For 30 years Business Development Corporation has been serving Indiana and Southwestern Michigan by helping businesses get started and keep growing. It is our commitment to strengthening our region’s growth, one business at a time. “Trust in our strength for your growth, isn’t just our statement we really are growing too. Our new […]

SBA 504 Loans Interest rate declines

April Interest Rate on SBA 504 Loans Declines to Record Low – 5.25% The Small Business Administration’s (SBA) 504 loan program is currently providing long-term, fixed rate financing for commercial real estate at the lowest interest rate since the program’s inception. The SBA’s lending partner, The Business Development Corporation(BDC) is busy working with small business […]