Business Development Company
A business development company (BDC) is a type of investment company that invests in small- and mid-sized businesses. BDCs provide capital to companies that may not have access to traditional financing, offering both equity and debt investments. They play a crucial role in fostering growth in emerging enterprises.
Key Takeaways
- BDCs invest in small- and mid-sized businesses.
- Provide capital to companies lacking traditional financing.
- Offer both equity and debt investments.
- Support growth in emerging enterprises.
