Company Information

Get to know Boston Local Development Corporation (BLDC)

Founded in 1979, the Boston Local Development Corporation (BLDC) is a private 501(c)(3) non-profit corporation operating in affiliation with the City of Boston's Economic Opportunity and Inclusion cabinet. Its primary mission is to foster job creation and economic growth within Boston by offering financing to small and emerging businesses that may not qualify for traditional bank loans. The BLDC's loan fund is capitalized by the U.S. Economic Development Administration (EDA), and it specializes in providing gap financing to help businesses secure the capital needed to start, expand, and thrive.

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Boston Local Development Corporation (BLDC)

United States

Founded in

1979 (47 Years)

Founded

Last online: No recent activity

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

Security Information :

BVI FSC

Security Information

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.