The Business Consortium Fund, Inc.(BCF), is a non-profit business development program of the National Minority Supplier Development Council (NMSDC). We are the nation's most comprehensive financing and business support organization dedicated exclusively to the ethnic minority-owned business sector.

We offer a full line of financing products and business services through a national network of strategic alliance partners that include the NMSDC and its 37 affiliated Regional Councils, major corporations, commercial lenders and financial institutions, and business support organizations.
Like us, our partners are committed to facilitating the growth and development of NMSDC certified minority-owned firms.

 The BCF is a "difference maker" for minority-owned businesses that need capital and business support services to grow their business but are unable to obtain them from conventional sources on reasonable terms. Our goal is to continuously improve and expand our programs, financing products, and services in order to better serve the minority business community. To determine if a business is eligible for consideration for a BCF loan, please click here.

The BCF offers a varietty of financing programs and business advisory services for NMSDC certified minority-owned businesses.  We have an application through which an applicant may apply to any of the BCF programs for assistance.

Click Here to download the BCF Financing application. Completed applications should be submitted to:

Business Consortium Fund, Inc.
305 Seventh Avenue,20th floor
New York, NY 10001
or
info@bcfcapital.com

New BCF Direct Lending Program

Beginning July 2011, the BCF may provide debt financing directly to NMSDC certified MBEs through its Direct Lending Program. The funds may be used for a variety of purposes and can be in the form of either a term loan or line of credit. The current maximum loan is $500,000 and the minimum is $75,000. The BCF will consider higher loan amounts (currently up to $1.125 million) on a case by case basis. The loan term may not exceed 7 years.

The BCF will consider many items when evaluating a loan application including: borrower’s future business prospects, repayment ability/capacity, financial condition, earnings history and forecast, management experience, credit history and available collateral. There is a non-refundable $250 application fee in connection with the Direct Lending Program.

Click Here to download the BCF application