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Visit www.befcor.comAbout Business Expansion Funding Corp
BEFCOR is a non-profit SBA 504 and CDFI lender helping NC small businesses obtain long-term, low-rate financing for commercial real estate, equipment, and growth.
Verified certifications
Confirmed against the issuing authority - not self-reported.
Mission
See Schedule O
Focus areas & reach
· What they work on and whereHow it stacks up against peers
· vs. 8 similar international in United StatesRed flags
· All clearCommon questions
· Auto-generated from filings + methodologyBusiness Expansion Funding Corp is a registered international nonprofit based in Charlotte, NC, United States. It is registered with the Internal Revenue Service (IRS). It was founded in 1982 and has been operating for 44 years. Its EIN is 561434029. It has a GiveRadar Integrity Assessment of 89/100 (Strong transparency), indicating well-documented governance, financials, and contact details. The organization reports $4M in annual revenue. 47 officers and directors are publicly disclosed. No red flags have been detected. Recent news coverage is predominantly positive.
Business Expansion Funding Corp has a GiveRadar Integrity Assessment of 89/100. This score combines five components: Registration (20 pts), Financial Transparency (30 pts), Governance (20 pts), Contact Availability (10 pts), and Data Recency (20 pts), with negative adjustments for any red flags. A score of 89 ('Strong transparency') reflects well-documented governance, recent financials, named leadership, and working contact details. For comparison, the average integrity assessment for international charities in United States is 89/100.
Business Expansion Funding Corp is located in Charlotte, NC, United States. The organization was established in 1982 and has been active for 44 years.
Based on official tax filings, Business Expansion Funding Corp has $4M in annual revenue. Create a free GiveRadar account to view the complete financial breakdown with year-over-year trends.
Business Expansion Funding Corp is classified as a International organization, registered in United States. It operates as a Supporting organization (509(a)(3)). By size, it is categorized as a medium organization. It has $4M in annual revenue. The organization has 47 disclosed officers and directors.
No red flags have been detected for Business Expansion Funding Corp. GiveRadar automatically screens charities for concerning patterns including high executive compensation, low program spending, and missing financial filings. Based on available official data, no issues have been identified.
Business Expansion Funding Corp has a GiveRadar Integrity Assessment of 89/100 (Strong transparency) and no red flags have been detected, which suggests it is a well-documented organization. It is regulated by the IRS. Visit the Business Expansion Funding Corp profile on GiveRadar for full details before deciding. GiveRadar provides data for research purposes and does not endorse any organization. Always do your own due diligence.
BEFCOR is a non-profit SBA 504 and CDFI lender helping NC small businesses obtain long-term, low-rate financing for commercial real estate, equipment, and growth. Business Expansion Funding Corp is classified as a international organization registered in United States. The organization was founded in 1982.
Among international charities registered in United States: Business Expansion Funding Corp's GiveRadar Integrity Assessment of 89/100 is in line with the peer average of 89/100. Its annual revenue of $4M is comparable to the peer average of $5M.
Yes, donations to Business Expansion Funding Corp are generally tax-deductible in the United States. Business Expansion Funding Corp is a 501(c)(3) tax-exempt organization. Its EIN is 561434029, which you can use for tax filing purposes. Donors can typically deduct contributions on their federal income tax return if they itemize deductions. Consult a tax professional for guidance specific to your situation.
Verified against 5 official sources, last refreshed .
Filing history
6 years on file from IRS 990 (FY2025): revenue, expenses, program spending, assets, and liabilities by fiscal year.
See 5 years of revenue, expense breakdowns, and balance sheet.
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Tax-deductibility for donors
Donations may be tax-deductible for residents of United States under local rules. Confirm with the charity directly.
BUSINESS EXPANSION FUNDING CORP is registered in United States. Donations from the Netherlands to charities outside the EU/EEA are generally not tax-deductible for Dutch donors unless the charity is listed on the Dutch ANBI register with foreign-recognized status.
Always confirm tax treatment with the charity directly or your tax advisor before donating.
Leadership
Officers & trustees (16)
Source: Public filings
Latest news
From global news sources
9 articles found
From global news sources
Sentiment
PositiveBest Grants for Building: Renovation, Expansion, and Repairs - GrantWatch
FCMB launches ₦10 million zero-interest loan for women entrepreneurs - crispng.com
DEED awards $175,000 to Aircorps Aviation for business expansion - Bemidji Pioneer
BK Capital invests in Goodlife Health and Beauty to expand Rwanda’s largest pharmacy chain - innovation-village.com
Your Business Could Be Missing Out on Grants You Qualify For - GrantWatch
BridgeCap Financial Launches Business Expansion Funding Program - Yahoo Finance
SETU secures funding from HNIs - Express Pharma
Sukino Healthcare Solutions raises Rs 50 crore in Series-A funding - expresshealthcare.in
Athulya Senior Care raises Rs 77 crore for upcoming expansion plans - expresshealthcare.in
Activity timeline
Filings and press mentions, merged
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Other international in United States, by integrity assessment
Sources and verification
Refreshed
- Registration and legal identity
- Internal Revenue Service (IRS) - Tax Exempt Organization Search
- Financial filings
- IRS Form 990 filings - Fiscal year 2025 most recent on file.
- Officers and trustees
- Internal Revenue Service (IRS) - Tax Exempt Organization Search - 47 disclosed in the public registry.
- News and media coverage
- GDELT Project + Google News
- Supplementary verification
- Charity Navigator
Data freshness
What we don't know
Honest gaps - our score reflects transparency, not impact
Methodology
GiveRadar combines public registry filings, ProPublica Nonprofit Explorer, Charity Navigator, GuideStar, and news archives into a single 0-100 integrity assessment. We don't take a cut of any donation, ever.
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Quick facts about Business Expansion Funding Corp
- What is Business Expansion Funding Corp?
- Business Expansion Funding Corp is a international supporting organization (509(a)(3)) based in Charlotte, United States. BEFCOR is a non-profit SBA 504 and CDFI lender helping NC small businesses obtain long-term, low-rate financing for commercial real estate, equipment, and growth.
- When was Business Expansion Funding Corp founded?
- Business Expansion Funding Corp was founded in 1982.
- Who leads Business Expansion Funding Corp?
- Tim Key serves as Board Chair.
- Where is Business Expansion Funding Corp located?
- Headquartered in Charlotte, United States.
- What is Business Expansion Funding Corp's annual budget?
- Annual revenue for fiscal year 2025 is approximately $1M-$10M. 0% of expenses go to program services.
- Is Business Expansion Funding Corp trustworthy?
- Business Expansion Funding Corp has a GiveRadar Integrity Assessment of 89 out of 100 (Strong transparency). The score reflects public-data transparency: registration, financial disclosure, governance, contact details, and how recently data was refreshed. It does not measure program impact.
- What is Business Expansion Funding Corp's registration number?
- IRS EIN: 561434029.
- What is Business Expansion Funding Corp's website?
- http://www.befcor.com