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Find similar grantsOregon Capital Access Program (OCAP) is sponsored by Oregon Business Development Department. Encourages banks to make loans to small businesses by providing a loan loss reserve.
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Business Oregon : Capital Access Program : Capital Access Program (CAP) : State of Oregon Translate this site into other Languages tag, as divs are not allowed in 's --> The Oregon Capital Access Program (CAP) helps lenders (banks and credit unions) make more commercial loans to small businesses and provides capital for start-up or expansion.
The program is designed for non-profit and for-profit businesses seeking funds for most business purposes. Lenders build a loan-loss reserve each time they enroll a loan. Contributions to the loan-loss reserve account are matched by Oregon Capital Access Program.
Have enrollment fees between 3% and 7% as determined by the financial institution; Will receive a match on the enrollment fee of up to $35,000 per borrower; and Have rates and terms for repayment determined by the lender. CAP loans may not be used to: Purchase or improve residential housing; Purchase or improve real property not used for business operations; or Refinance an existing balance of a non-enrolled loan.
All types of loans and lines of credit are eligible. Rivermark Community Credit Union Unitus Community Credit Union How to recognize an official Oregon website Only share sensitive information on official, secure websites. Your browser is out-of-date!
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According to the current listing, eligibility includes: Small businesses in Oregon with fewer than 100 employees. Confirm the full requirements in the official notice before applying.
The current listing shows up to $500,000. Verify award ceilings, matching requirements, and allowable costs in the official notice.
Oregon Capital Access Program (OCAP) is funded by Oregon Business Development Department. Verify program details on the funder's official page before applying.
This opportunity targets applicants in Oregon. If your organization operates elsewhere, check the official notice for location requirements.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
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