North Carolina Capital Access Program (North Carolina)

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Last modified on February 12, 2015.

EZFeed Policy

Place North Carolina


   
Applies to States or Provinces North Carolina
Name North Carolina Capital Access Program (North Carolina)
Policy Category Financial Incentive
Policy Type Loan Program
Affected Technologies Biomass/Biogas, Coal with CCS, Concentrating Solar Power, Energy Storage, Fuel Cells, Geothermal Electric, Hydroelectric, Hydroelectric (Small), Natural Gas, Nuclear, Solar Photovoltaics, Tidal Energy, Wave Energy, Wind energy
Active Policy Yes

Implementing Sector State/Province



























Program Administrator North Carolina Rural Economic Development Center, Inc.
Primary Website http://www.ncruralcenter.org/index.php?option=com_content&view=article&id=545&Itemid=245



Last Review 2014-09-15


Information Source http://www.ncruralcenter.org/images/PDFs/CAPbiz_current09-06-12.pdf


Summary

The North Carolina Capital Access Program provides matching reserve funds for business loans that are beyond the traditional lending means of a lender’s usual standards. The average CAP loan is $100,000 and is deposited into a reserve account held by the lender to offset losses in the case of a default.



Policy Contact

Contact Name Tony Johnson

Division N.C. Rural Economic Development Center
Address 4021 Carya Drive

Place Raleigh, North Carolina
Zip/Postal Code 27610
Phone 919-250-4314


Email tejohnson@ncruralcenter.org
Website http://www.ncruralcenter.org/index.php?option=com_content&view=article&id=545&Itemid=245
     
     


















References