AN INVESTMENT IN BUSINESS DEVELOPMENT CORPORATION OF AMERICA ("BDCA" or the "Company") INVOLVES A HIGH DEGREE OF RISK. YOU SHOULD PURCHASE SECURITIES IN BDCA ONLY IF YOU CAN AFFORD A COMPLETE LOSS OF YOUR INVESTMENT.

THIS IS NEITHER AN OFFER TO SELL NOR A SOLICITATION OF AN OFFER TO BUY THE SECURITIES DESCRIBED HEREIN. AN OFFERING IS MADE ONLY BY PROSPECTUS. THIS LITERATURE MUST BE PRECEDED OR ACCOMPANIED BY A CURRENT PROSPECTUS. AS SUCH, A COPY OF THE CURRENT PROSPECTUS MUST BE MADE AVAILABLE TO YOU IN CONNECTION WITH THIS OFFERING. YOU SHOULD READ THE CURRENT PROSPECTUS IN ORDER TO UNDERSTAND FULLY ALL OF THE IMPLICATIONS AND RISKS OF THE OFFERING OF SECURITIES TO WHICH IT RELATES. AN INVESTMENT IN THE COMPANY SHOULD BE MADE ONLY AFTER A CAREFUL REVIEW OF THE PROSPECTUS. No offering is made except by a prospectus filed with the Department of Law of the State of New York. Neither the Attorney-General of the State of New York nor any other state or federal regulator has passed on or endorsed the merits of this offering or these securities or confirmed the adequacy or accuracy of the prospectus. Any representation to the contrary is unlawful. All information contained in this material is qualified in its entirety by the terms of the current prospectus. The achievement of any goals is not guaranteed. For more complete information about investing in the Company including risks, charges and expenses, refer to our prospectus. The prospectus is available electronically by clicking on the tab below or by contacting Realty Capital Securities, LLC as directed herein.

PLEASE DIRECT ANY PROGRAM SPECIFIC INQUIRY TO BDCA DIRECTLY.

Business Development Corporation of America, 405 Park Avenue, 12th Floor, New York, NY 10022, T 212-415-6500

Realty Capital Securities, LLC (Member FINRA/SIPC), is the dealer manager for Business Development Corporation of America, an affiliate. Investors are advised to carefully consider the investment objectives, risks and charges and expenses of the Company before investing. The prospectus contains this and other information about the Company. The offering may be made only by means of a prospectus, copies of which may be obtained from Realty Capital Securities, LLC, Three Copley Place, Suite 3300, Boston, MA 02116, 877-373-2522.