Back to directory
Loans Last Year
88
Volume Last Year
$81.08M
Average Deal Size
$2.32M
About
Founded in 1982 in Fairfax County, Virginia (originally as Virginia Asset Financing Corporation), Business Finance Group is the #1 ranked SBA 504 Certified Development Company in the mid-Atlantic and ranks in the top 5% of CDCs nationwide by loan volume. Since inception, BFG has helped over 2,500 small businesses finance more than $3.3 billion in projects, with leadership active in NADCO (the industry's national trade association). BFG holds both SBA Accredited Lender Program (ALP) status and Accredited Servicing Method (ASM) expedited closing status, which reduces transaction timelines for borrowers and bank partners. The organization operates a single CDC focused exclusively on 504 lending, supported by five regional offices across its mid-Atlantic footprint.
Top Industries Served
| Industry | # of Loans | $ Volume |
|---|---|---|
| Hotels | 7 | $15.0M |
| Day Care | 4 | $8.0M |
| Full-Service Restaurants | 3 | $3.5M |
| Personal Services | 3 | $2.0M |
| Breweries | 3 | $1.8M |
States Served
MD
VA
WV
Lending across 3 states.
Top Cities (previous yr # of loans)
| # | City | Loans |
|---|---|---|
| 1 | Richmond | 6 |
| 2 | Frederick | 4 |
| 3 | Newport News | 3 |
| 4 | Norfolk | 3 |
| 5 | Midlothian | 3 |
Work with this CDC?
We can help connect you with Business Finance Group, Inc. for your next 504 project.
Get in touch