A business development company, or BDC, is a unique class of company that operates much like a private equity firm but with many of the same oversight requirements as a publicly-traded stock. Profits from loans and other investments are delivered to shareholders via regular and generous dividends but without the constraints of conventional private equity funds. Also, current low interest rates allow them to access capital cheaply while a surging U.S. economy means a tailwind behind their investments. …read more
Source:: Yahoo Finance
