218 West Washington Street, 10th Floor
South Bend, IN 46601
Phone: (574) 288-5758
Since 1982…
BDC has encouraged small business start-ups and business expansions by offering supplemental long-term, fixed-rate loans in partnership with traditional lenders.

In supporting entrepreneurs and business owners, BDC is stabilizing and revitalizing our local communities by preserving existing jobs and creating new employment opportunities – more than 4,220 to date in Indiana and Lower Michigan.

The U.S. Small Business Administration (SBA) has designated BDC as a Priority Certified Development Company (CDC), certified to participate on a permanent basis in the program that SBA has approved to participate in an expedited 505 loan and Debenture closing process.

April 2014 20 Year Debentures 10 Year Debentures
Rate 5.19% 4.48%

Contact us for more information. View historic interest rates.

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Latest News
11Dec2013
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...

14Aug2013
Corndance Tavern – Mishawaka, Indiana

At Corndance Tavern, they celebrate and honor the traditions of the Potawatomi Indians, native to this region for nearly...

14Aug2013
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...

01Aug2013
Brochure: 504 Loan Structure (PDF)

Long Term Refinancing at Affordable Interest Rates for Commercial Real Estate or Machinery/Equipment Debt Download the 504 loan structure brochure