When it knocks for a certified minority business enterprise
the BCF can help
What is the Business Consortium Fund?
The National Minority Supplier Development Council Business Consortium Fund, Inc. (BCF), is a non-profit business development affiliate of the National Minority Supplier Development Council (NMSDC). We are certified by the US Department of the Treasury as a Community Development Financial Institution (CDFI) .We are the nation’s most comprehensive financing and business support organization dedicated exclusively to NMSDC certified minority businesses who are suppliers to the nation’s top corporations.
We offer a full line of financing products and business services through a national network of strategic alliance partners.
If you are a minority business enterprise, certified by an affiliate of the NMSDC, and you have a contract with a corporate member, CONTACT THE BCF.
We are eager to explore mobilization working capital loans to facilitate your success.
To determine if your business is eligible for consideration, please click here.
BCF Direct Lending Program
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. Loan terms may not exceed 7 years.
The BCF will consider many items when evaluating a loan application including: borrowers, future business prospects, repayment ability/capacity, financial condition, earnings history, earnings forecast, management experience, credit history and available collateral. There is a non-refundable $350 application fee required with the Direct Lending Program.
Click the button below to download the BCF Financing Application
Click the button below to download the BCF Personal Financial Statement Form