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Boston Local Development Corporation (BLDC)

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  • A private 501(c)(3) non-profit corporation
  • Increases employment opportunities for Boston residents
  • Provide small business loans with a focus on commercial, industrial and service companies

About

The BLDC is a private 501(c)(3) nonprofit corporation offering financing for small businesses, with a focus on commercial, industrial and service companies. The Boston Planning & Development Agency’s Financial Services department provides the day-to-day operation of the program.

Who’s it for?

For small businesses in Boston

Mission

Increase employment opportunities for Boston residents by providing small business loans with a focus on commercial, industrial and service companies.

Resources & Services

The Standard BLDC Loan Fund is available for existing businesses, new ventures, and businesses relocating to the City of Boston. These loans range from $25,000 to $150,000. The Backstreets Boston Back-up Loan Program provides up to $250,000 in financing for Boston companies in the industrial and manufacturing sectors

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