Welcome to BEDCO’s Website! The Business Enterprise Development Corporation is a US Treasury Department certified community development financial institution headquartered in Berlin, New Hampshire. Started in 1979 for the purpose of providing loans to new and expanding businesses, the organization now works with banks and other economic development partners to support community development lending throughout the country.
BEDCO makes direct loans to small businesses and also participates with banks in business startups and expansions. BEDCO’s lending often serves as near equity capital because the development corporation will frequently accept a second position on the collateral.
The corporation is committed to building the region’s many assets. These assets – human, institutional/social, cultural/historical, environmental, and financial – are viewed as the key to building a real competitive advantage for the region’s communities and business enterprises.
As a corporation it seeks out innovative entrepreneurs, both within and outside the region who wish to develop commerce and enterprise which is conducive to the development of the region’s rich assets.