ED  Business Consortium Fund

http://www.bcfcapital.com





     Office Locations:

305 Seventh Avenue, 20th Floor
New York, NY 10001
Phone: 212-243-7360
Fax: 212-243-7647

 

Stages:

  • Middle Market


 

Industries:

  • Business Services
  • Information Technology

  •  

    Description:

    The Business Consortium Fund, Inc. (BCF) is a non-profit business development program of the National Minority Supplier Development Council (NMSDC). The Fund is a comprehensive financing and business support organization dedicated exclusively to the ethnic minority-owned business sector. The BCF loan program is limited to ethnic/racial minority business enterprises that have been certified by a National Minority Supplier Development Council affiliated Regional Council and have a supplier/vendor relationship with a corporate member of the NMSDC or an affiliate Regional Council of the NMSDC. The total amount of the LGPP loan facility is determined by the participating lender; however the BCF's maximum exposure may not exceed $1,125,000 in a participation loan, or on a guaranteed loan. In each case, the participating lender must retain a minimum of 25% of the amount of loan facility. The BCF's mission of providing access to capital for minority-owned businesses is enhanced through Strategic Alliance Partners and subsidiaries that offer the following alternative financing products not provided in the BCF's core Loan Guaranty/Participation Program: Commercial and Government Accounts Receivable Financing; Equipment Leasing; Commercial Real Estate Financing; Franchise Financing; Accounts Receivable Factoring; Long Term Debt/Equity; and USDA Business & Industry Loans & Loan Packaging Services. The fund also provides long term mezzanine type funding to small businesses that may be socially or economically disadvantaged. These companies must have a net worth less than $18 million and average net income for the last two years of less than $6 million. BCF also maintains regional offices in Dallas, Los Angeles, Vernon, CT, and Hilton Head, SC.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription or New York Database subscription.
    Ruben Rodriguez Senior Vice President and Chief Lending Officer
    Serafin Mariel President & COO
    Socorro Vallejo Vice President and Controller
    Thomas C. Fitzgerald Advisor

     

    Portfolio companies include:

     

    Recent News: