AltCap
Founded in 2005 with a mission to provide fair access to capital, AltCap is a critical source of alternative debt financing for communities and entrepreneurs overlooked by mainstream finance.
We are mission-driven and community-focused. To date, AltCap has deployed over $32 million in loans to more than 800 small businesses.
Mission
At AltCap, we provide fair access to capital for communities and businesses not adequately served by mainstream financial institutions.
Storytelling
As a mission-driven CDFI, we believe that fair access to capital can strengthen communities.
Our impact-focused lending helps grow small businesses, bolsters local economies, catalyzes public and private investment, and makes our financial system more accessible.
Learn more about our high-impact small business lending NMTC-facilitated financing at www.altcap.org/impact.
AltCap Borrower Leans On Relief Funding To Stay Afloat
www.altcap.org/stories/blog-post-title-four-pwck5
Sigh of relief: AltCap Helps Local Realtor Get Back on Her Feet www.altcap.org/stories/blog-post-title-one-fh789
Type of Organization
- Community Economic Development Organization
Locations Served
- Kansas
- Missouri
- Texas
Key Programs and Initiatives
- BIPOC Female Entrepreneur Loan Fund
Types of Offerings
- Financing
- Technical Assistance
Program Delivery
- Hybrid (in person/virtual)
Members of the Black Community Served
- Immigrants
- Returning Citizens/Formerly incarcerated
- Women
- Veterans
Locations of Members of the Black Community Served
- Low-income areas
- Low to moderate income areas
- Rural areas
- Suburban areas
- Urban areas
Targeted Entrepreneur Segments
- Construction
- Manufacturing
- Wholesale & Retail Trade
- Transportation & Logistics
- Finance and Insurance
- Real Estate Rental and Leasing
- Scientific and Technical Services
- Educational Services
- Arts
- Entertainment
- Accommodation & Food Services
Business Stage
- Start Up : a young business that is just beginning to develop and determine a market fit.
- Stay Up : a business that has determined its market fit, but its product/service has not been validated nor has it achieved sustainability.