Growth Capital Corp. is a private, not-for-profit transaction lender that aims to open financing opportunities for ambitious entrepreneurs looking to expand their business. To help facilitate that and increase credit access for small business owners, we offer our Community Advantage Loan Program, perfect for manufacturers, distributors, wholesalers and other for-profit service and commerce companies.
Here are a few of the advantages that borrowers can reap from this loan program:
- A maximum loan size of $250,000 with a capped interest of the Prime rate plus 6 percent
- Funds can be used to: purchase new or owner-occupied commercial property, expand or modernize facilities and equipment, increase receivables, augment working capital and refinance debt
- Low on credit score requirements, light on debt coverage and collateral
- 60 percent of Community Advantage loans are dispersed to underserved markets, ensuring wider and fairer opportunities for credit access
- Eligible to clients who may have previously been turned down by bank underwriters.
Do you know any local small business owners looking for a new financing opportunity? Are they currently challenged with his or her present bank and out of loan covenants? If so, feel free to fill out the form below to refer their business to us! At Growth Capital, we’re invested in building transaction-lender, keep-deposit relationships with clients and prospects, providing the exceptional and expert level of service they deserve. We pride ourselves on garnering referrals through those established relationships — whether the prospect is already aware of us or not — in order to let our reputation speak for itself.
Please complete the form below to refer a business for the Community Advantage loan.
[gravityform id="2" name="Online Referral Form"]