Government
Befcor
BEFCOR is a non-profit organization based in Charlotte, NC, that acts as a Certified Development Company (CDC) to facilitate government-backed SBA 504 loans for small businesses in the Carolinas, focusing on economic development and job creation.
Key Statistics
As of December 2025, public records show Befcor has originated approximately $187.0M in loan volume over the past 12 months, with an average loan size of $1.3M.
Volume (12mo)
$187.0M
Avg Loan Size
$1.3M
Total Mortgages
590
Total Borrowers
805
Lending Entities
Befcor funds loans through the following entities. These are the legal entities that appear on recorded mortgage documents.
501 mortgages recorded
66 mortgages recorded
+12 more not shown
Geography
Befcor's lending activity is concentrated in the following states, based on recorded mortgage data from the past 12 months.
Mortgages (12mo): 47
Volume (12mo): $81.1M
Total Volume: $554.9M
Mortgages (12mo): 2
Volume (12mo): $70.8M
Total Volume: $70.8M
Mortgages (12mo): 1
Volume (12mo): $8.8M
Total Volume: $24.3M
Top Borrowers
The following individuals have the most recorded mortgage transactions with Befcor. Click on a borrower to view their full investor profile.
+802 more not shown
FAQ
What type of lender is Befcor?
Befcor is classified as an government based on our research. Government-sponsored enterprises (GSEs) directly originate or guarantee loans. The majority of their loans (94%) are for business purposes.
What entities does Befcor fund loans under?
Befcor originates mortgages through 14 different lending entities. The most common include Business Expansion Funding and Business Expansion Fndg. These are the legal entity names that appear on recorded mortgage documents.
Where is Befcor most active?
Based on recorded mortgages, Befcor is most active in North Carolina, Illinois, and South Carolina.
How many loans has Befcor originated?
Public records show 590 mortgages recorded for Befcor, with $187.0M in volume over the past 12 months.
What is the average loan size for Befcor?
The average mortgage size for Befcor is $1.3M based on all recorded mortgages.
Does Befcor offer short-term loans?
Befcor primarily offers long-term financing, with only 10% of loans being short-term.
How is this data collected?
Elementix aggregates mortgage data from public county records across the United States. We use AI to normalize lender names, identify aliases, and connect borrowers to their lending relationships.