Private company

Franklin BSP Lending Corp

Franklin BSP Lending Corp is a corporation registered in the United States, active since 2010.² It is headquartered in Lutherville Timonium, United States.²

Last updated Oct 20, 2026.

Overview

HeadquartersLutherville Timonium, United States²
Incorporated inMD³
Business address9 West 57Th Street, Suite 4920, New York, Ny 10019³
Filer categoryNon-accelerated filer³
Legal formStock Corporation²
LEI549300K8IFP295FLKS39²
StatusActive²
LEI statusLapsed (not renewed)²
Registered addressC/O THE CORPORATION TRUST INCORPORATED, 21093 Lutherville Timonium, United States²
Registered withBusiness Services (Maryland Department of Assessments and Taxation), D13560123²

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Financial statements

Net income⁴$82.0M in 2022−60% since 2021

Fiscal year	2021	2022
Interest	$44.2M⁴	$59.9M⁴
Net income	$206.2M⁴	$82.0M⁴
Earnings per share	$1.03⁴	$0.39⁴
Earnings per share (diluted)	$1.03⁴	$0.39⁴
Shares (weighted, basic)	200.1M shares⁴	212.1M shares⁴
Shares (weighted, diluted)	200.1M shares⁴	212.1M shares⁴

Total assets⁴$3.0B in 2022+3% since 2021

Total liabilities⁴$1.3B in 2022−5% since 2021

Shareholders’ equity⁴$1.7B in 2022+10% since 2021

Cash⁴$54.9M in 2022+28% since 2021

Long-term debt⁴$1.2B in 2022−4% since 2021

Fiscal year	2021	2022	2023
Cash	$42.8M⁴	$54.9M⁴
Total assets	$2.9B⁴	$3.0B⁴
Long-term debt	$1.3B⁴	$1.2B⁴
Total liabilities	$1.4B⁴	$1.3B⁴
Retained earnings	-$404.1M⁴	-$459.0M⁴
Shareholders’ equity	$1.5B⁴	$1.7B⁴
Shares outstanding	201.6M shares⁴	228.7M shares⁴	230.1M shares⁴

Cash from operations⁴-$11.9M in 2022−97% since 2021

Dividends paid⁴$96.8M in 2022+40% since 2021

Share buybacks⁴$23.6M in 2022+21% since 2021

Fiscal year	2021	2022
Cash from operations	-$427.5M⁴	-$11.9M⁴
Dividends paid	$69.2M⁴	$96.8M⁴
Share buybacks	$19.5M⁴	$23.6M⁴
Cash from financing	$417.9M⁴	$23.5M⁴

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What it owns

What Franklin BSP Lending Corp reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Investments

Item	Latest	A year before	Change
Cash and cash equivalents	$54.9M⁴ Dec 31, 2022	$42.8M⁴ Dec 31, 2021	+28.2%

Leadership

Who has led Franklin BSP Lending Corp, and when. Pick a name to see everywhere that person has worked.

Chief executive

Peter M. Budko2014

President

Chief financial officer

Chief operating officer

201520202025

Chief executive officerPeter M. Budko Dec 19, 2014 to Dec 19, 2014⁷
PresidentJames A. Fisher Dec 17, 2015 to May 26, 2016⁸
PresidentWilliam M. Kahane Jan 25, 2011 to Jan 25, 2011⁹
Chief financial officerNina Kang Baryski Jul 8, 2019 to Jul 8, 2019¹⁰
Chief financial officerCorinne Pankovcin Dec 14, 2015 to Dec 14, 2015¹¹
Chief financial officerNicholas Radesca Mar 20, 2013 to Mar 20, 2013¹²
Chief financial officerBrian S. Block Jan 25, 2011 to Mar 14, 2013¹³
Chief operating officerJames A. Fisher Dec 17, 2015 to May 26, 2016⁸
Chief operating officerPeter M. Budko Jan 25, 2011 to Jan 25, 2011¹⁴

Board members and other officers (14)

SecretaryMichael Frick Aug 17, 2021 to Aug 17, 2021¹⁵
Corporate SecretaryLeeor P. Avigdor Nov 3, 2016 to Nov 3, 2016¹⁶
OfficerRichard J. Byrne Nov 3, 2016 to Jan 26, 2024¹⁷
OfficerNicholas Radesca Dec 14, 2015 to Dec 14, 2015¹⁸
Chief Investment OfficerRobert Grunewald Mar 20, 2013 to Mar 20, 2013¹⁹
Board memberLee S. Hillman Feb 21, 2017 to Feb 21, 2017²⁰
Board memberDennis M. Schaney Feb 22, 2017 to Feb 22, 2017²¹
Board memberEdward M. Weil Jr. Jan 5, 2016 to Jan 5, 2016²²
Board memberRichard J. Byrne Nov 3, 2016 to Jan 26, 2024¹⁷
Board memberRonald J. Kramer Nov 3, 2016 to Nov 3, 2016²³
Board memberRandolph C. Read Mar 16, 2015 to Mar 16, 2015²⁴
Board memberEdward G. Rendell Jan 25, 2011 to Jan 25, 2011²⁵
Board memberLeslie D. Michelson Jan 25, 2011 to Jan 26, 2024²⁶
Board memberWilliam M. Kahane Jan 25, 2011 to Jan 25, 2011⁹

Former names

Business Development Corp of AmericaMay 7, 2010 to Dec 21, 2021³

Timeline

Jan 24, 20248-K Ended a material agreement; Completed an acquisition or sale; Change to shareholders' rights²⁷
Jan 10, 20248-K Shareholder vote; Regulation FD disclosure²⁸
Dec 14, 20238-K Entered a material agreement; New debt or obligation²⁹
Oct 6, 20238-K Entered a material agreement; Regulation FD disclosure³⁰
Sep 19, 20238-K Entered a material agreement; New debt or obligation³¹
Aug 30, 20238-K Entered a material agreement; New debt or obligation³²
Jun 16, 20238-K Shareholder vote³³
Feb 9, 20238-K Unregistered sale of shares³⁴
Dec 14, 20228-K Entered a material agreement; New debt or obligation³⁵
Oct 28, 20228-K Unregistered sale of shares³⁶
Jul 27, 20228-K Unregistered sale of shares³⁷
Jun 21, 20228-K Shareholder vote; Regulation FD disclosure³⁸
Dec 19, 2014New chief executive Peter M. Budko becomes CEO⁷
May 5, 2010Founded Franklin BSP Lending Corp is founded²

Filings

67 filings to the SEC since October 2021: 2 annual reports, 7 quarterly reports, 21 major events, 2 insider forms, 35 other. The latest 20:

Jan 26, 20244 EDGAR
Jan 26, 20244 EDGAR
Jan 24, 2024N-54C EDGAR
Jan 24, 202415-12G EDGAR
Jan 24, 20248-K CURRENT REPORT EDGAR
Jan 10, 20248-K CURRENT REPORT EDGAR
Dec 22, 202340-17G EDGAR
Dec 18, 202340-17G/A EDGAR
Dec 14, 20238-K EDGAR
Dec 11, 2023425 EDGAR
Dec 11, 202340-17G EDGAR
Nov 28, 2023425 EDGAR
Nov 28, 2023425 EDGAR
Nov 28, 2023425 EDGAR
Nov 21, 2023425 EDGAR
Nov 14, 2023425 EDGAR
Nov 13, 202310-Q EDGAR
Nov 8, 2023425 EDGAR
Nov 7, 2023425 EDGAR
Oct 27, 2023425 EDGAR

The 67 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

SEC filer profile

How Franklin BSP Lending Corp is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

Name on EDGARFranklin BSP Lending Corp¹
CIK0001490927
Filer statusNon-accelerated filer¹
Incorporated inMaryland¹
Fiscal year endsDecember 31¹
Business address9 West 57Th Street, Suite 4920, New York, NY 10019¹
Phone212-588-6770¹
Shares outstanding232,703,161 as of Nov 8, 2023⁶
Public float$0 as of Jun 30, 2022⁴
On EDGAR sinceMay 7, 2010¹
Filings613 in all: 8-K (162), DEFA14A (56), CORRESP (50), 497 (42), 10-Q (39), SC TO-I/A (28), SC TO-I (23), 3 (21)¹
All 44 form types
POS 8C (19), 425 (17), 497AD (16), DEF 14A (15), EFFECT (14), 10-K (13), 40-17G (13), PRE 14A (13), N-2/A (10), 4 (9), 40-APP (7), 40-APP/A (7), APP WD (5), N-2 (4), 8-K/A (3), 40-17G/A (2), APP WDG (2), D (2), N-6F/A (2), POS EX (2), PRER14A (2), 10-K/A (1), 10-Q/A (1), 15-12G (1), 424B3 (1), 8-A12G (1), APP NTC (1), APP ORDR (1), D/A (1), N-14 (1), N-14/A (1), N-54A (1), N-54C (1), N-6F (1), NT 10-K (1), UPLOAD (1)
Latest filingsAnnual report (10-K) Mar 15, 2023
Quarterly report (10-Q) Nov 13, 2023
Proxy statement (DEF 14A) Apr 24, 2023
Latest 8-K (8-K) Jan 24, 2024

Sources

The numbers on this page point here. Each one links to the record it came from.

1
SEC EDGARFranklin BSP Lending Corp filings on SEC EDGAR
2
GLEIFFranklin BSP Lending Corp LEI record (549300K8IFP295FLKS39)
3
SEC EDGARFranklin BSP Lending Corp filings on SEC EDGAR
4
SEC EDGARFranklin BSP Lending Corp 10-K for fiscal 2021
5
SEC EDGARFranklin BSP Lending Corp 10-Q for fiscal 2023
6
SEC EDGARFranklin BSP Lending Corp 10-Q for fiscal 2023
7
SEC EDGARPeter M. Budko, Chief executive officer
8
SEC EDGARJames A. Fisher, President
9
SEC EDGARWilliam M. Kahane, President
10
SEC EDGARNina Kang Baryski, Chief financial officer
11
SEC EDGARCorinne Pankovcin, Chief financial officer
12
SEC EDGARNicholas Radesca, Chief financial officer
13
SEC EDGARBrian S. Block, Chief financial officer
14
SEC EDGARPeter M. Budko, Chief operating officer
15
SEC EDGARMichael Frick, Secretary
16
SEC EDGARLeeor P. Avigdor, Corporate Secretary
17
SEC EDGARRichard J. Byrne, Officer
18
SEC EDGARNicholas Radesca, Officer
19
SEC EDGARRobert Grunewald, Chief Investment Officer
20
SEC EDGARLee S. Hillman, Board member
21
SEC EDGARDennis M. Schaney, Board member
22
SEC EDGAREdward M. Weil Jr., Board member
23
SEC EDGARRonald J. Kramer, Board member
24
SEC EDGARRandolph C. Read, Board member
25
SEC EDGAREdward G. Rendell, Board member
26
SEC EDGARLeslie D. Michelson, Board member
27
SEC EDGAREnded a material agreement; Completed an acquisition or sale; Change to shareholders' rights
28
SEC EDGARShareholder vote; Regulation FD disclosure
29
SEC EDGAREntered a material agreement; New debt or obligation
30
SEC EDGAREntered a material agreement; Regulation FD disclosure
31
SEC EDGAREntered a material agreement; New debt or obligation
32
SEC EDGAREntered a material agreement; New debt or obligation
33
SEC EDGARShareholder vote
34
SEC EDGARUnregistered sale of shares
35
SEC EDGAREntered a material agreement; New debt or obligation
36
SEC EDGARUnregistered sale of shares
37
SEC EDGARUnregistered sale of shares
38
SEC EDGARShareholder vote; Regulation FD disclosure