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.

November 2014 20 Year Debentures 10 Year Debentures
Rate 4.87% 4.55%

Contact us for more information. View historic interest rates.


Latest News
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...

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,...

Evil Czech Brewery – Mishawaka, Indiana

  The BDC is proud to have assisted owners George and Tammy Pesek, expand their Evil Czech Brewery and...

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...