BDC Dividend Stocks, ETFs, Funds

As of 03/27/2023. A business development company, or BDC, provides mezzanine debt... As of 03/27/2023. A business development company, or BDC, provides mezzanine debt financing to small and medium-sized businesses, under-served by larger and more risk averse financial institutions. The debt structure may include a ballon payment at the end which can create equity-like returns. BDCs are highly dependent on interest rates because their profit is the spread between cost of capital and loan rates. They are typically funded by large amounts of debt and many rounds of equity financings. View more View less

As of 03/27/2023. A business development company, or BDC, provides mezzanine debt financing to small and medium-sized businesses, under-served by larger and more risk averse financial institutions. The debt structure may include a... As of 03/27/2023. A business development company, or BDC, provides mezzanine debt financing to small and medium-sized businesses, under-served by larger and more risk averse financial institutions. The debt structure may include a ballon payment at the end which can create equity-like returns. BDCs are highly dependent on interest rates because their profit is the spread between cost of capital and loan rates. They are typically funded by large amounts of debt and many rounds of equity financings. View more View less