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Business Development Finance Corporation
1702 East Highland Avenue, Phoenix, Arizona, United States
About the Business Development Finance Corporation
Business Development Finance Corporation is a leading financial institution located at 1702 East Highland Avenue in Phoenix, Arizona, United States. We specialize in providing financial solutions and support to businesses looking to grow and expand. Our team of experienced professionals offer a range of services including loans, investment opportunities, and strategic planning to help businesses reach their full potential. Whether you are a small startup or a large corporation, Business Development Finance Corporation is here to help you achieve your business goals. Contact us today to learn more about how we can support your business development needs.
Reviews of Business Development Finance Corporation
"I have had a few experiences with BDFC but the experience I have had with Jonathon Temple recently is one of the best that I have had with anyone in business, much less dealing with finances. Highly recommend him with any of your business needs as his goal is what is best for you and not what is best for him or BDFC."
"In my many dealings with BDFC I have always found them to be helpful, professional, and reliable. The SBA process has taken a long time when I have needed 7a loans to expand my businesses, but BDFC has made the process as painless as it can be when having to jump through all of the bureaucratic hoops. Highly recommend for small business financing."
"We appreciate the relationship with Business Development Finance Corporation in our cooperative efforts to assist businesses whether starting out or expanding. The professional and efficient process is diligently provided with each client. Thank you BDFC as we look forward to continued success in helping businesses achieve their goals."
"I have been teaming up with Geoff McGivern of BDFC for over 10 years and have only experienced positive results. Geoff is knowledgeable and thorough, he (and his team) make the process easier for all parties (borrowers, bankers, escrow, appraisers, environmental, etc). Thank you Geoff and BDFC and we will continue to do business together."
"I approached this company to finance a business acquisition and after outlining all the key facts over the phone I was told that I would qualify for a loan. I then submitted all the information they required and I was told I would obtain an approval answer within a week. However, after 3 weeks of waiting due to their delays I still didn't have an answer and I lost the deal as the Sellers got frustrated with me and accepted a back-up Offer. After complaining to their top management I finally got a answer that my application was declined and I was told that the business was not profitable. I found this quite strange as I supplied them 3 years of Tax Returns showing the business clearly making $ 80,000 a year and the loan repayments would have been $ 22,000 a year. I also had solid plans to increase profits to at least $ 120,000 a year. In addition, they incorrectly assumed I was taking-over the Seller's debts and liabilities and they factored these repayments into the forecasts and they didn't realize that my Wife is employed at a Law Firm earning good money and that I only needed a very small salary from business. The facts were stated several times in my Business Plan and in their Application Forms which they clearly didn't read or understand. I have been self-employed for 20+ years and I have substantial financial experience and I couldn't see any legitimate reason why my loan application would be declined, so I wouldn't recommend dealing with this company as they will waste your time and possibly harm your deal."
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