Donate Now

Make a difference in rural North Carolina

PayPal secure payments.

 


 

 

LEADERSHIP

Information for lenders

N.C. Capital Access Program

 

See a list of 

participating lenders.

NC-CAP offers you a way to say yes to more business loans. By providing matching loan loss reserve funds, it cushions your exposure in the event of a default.

 

Lenders are choosing NC-CAP because it’s:

  • Easy to sign up. You’ll sign a simple agreement and open an account to house the reserve fund that will be used to support all loans your institution makes under the program.
  • Easy to use.  You’ll make loans the way you always have – using your own documents, doing your own underwriting, setting loan terms and pricing.
  • Easy to enroll a loan. If you decide a loan is a good candidate for NC-CAP and the borrower agrees to the terms, you’ll submit enrollment forms.
  • Easy to build the reserve account. Each NC-CAP loan requires an upfront fee from the borrower. You’ll deposit that amount into the reserve account, and we match it dollar for dollar. The reserve grows quickly as you enroll more loans, providing protection for any loan you’ve enrolled in the program.

 

Participation is voluntary and available to banks, federally insured credit unions and community development financial institutions – and their customers – statewide. 

 

Sign up today 

The following documents provide all you’ll need to understand the details of the program and to enroll your institutions.

Program manual (PDF)

Lender participation agreement (PDF)

 

Forms

Borrower enrollment forms (Word)

      (download forms as a PDF)

Letter of explanation regarding changes

Claim forms (Word)

      (download forms as a PDF)

Enrollment examples (PDF)

 

Contacts

Central North Carolina

Tom Wall, Director, Small Business Credit Initiative

 

 

N.C. Rural Economic Development Center

4021 Carya Drive

Raleigh, NC 27610

Telephone: 919-250-4314

Fax: 919-250-4325

 

 

 

 

 

LEADERSHIP

Information for lenders

N.C. Capital Access Program

 

See a list of 

participating lenders.

NC-CAP offers you a way to say yes to more business loans. By providing matching loan loss reserve funds, it cushions your exposure in the event of a default.

 

Lenders are choosing NC-CAP because it’s:

  • Easy to sign up. You’ll sign a simple agreement and open an account to house the reserve fund that will be used to support all loans your institution makes under the program.
  • Easy to use.  You’ll make loans the way you always have – using your own documents, doing your own underwriting, setting loan terms and pricing.
  • Easy to enroll a loan. If you decide a loan is a good candidate for NC-CAP and the borrower agrees to the terms, you’ll submit enrollment forms.
  • Easy to build the reserve account. Each NC-CAP loan requires an upfront fee from the borrower. You’ll deposit that amount into the reserve account, and we match it dollar for dollar. The reserve grows quickly as you enroll more loans, providing protection for any loan you’ve enrolled in the program.

 

Participation is voluntary and available to banks, federally insured credit unions and community development financial institutions – and their customers – statewide. 

 

Sign up today 

The following documents provide all you’ll need to understand the details of the program and to enroll your institutions.

Program manual (PDF)

Lender participation agreement (PDF)

 

Forms

Borrower enrollment forms (Word)

      (download forms as a PDF)

Letter of explanation regarding changes

Claim forms (Word)

      (download forms as a PDF)

Enrollment examples (PDF)

 

Contacts

Central North Carolina

Tom Wall, Director, Small Business Credit Initiative

 

 

N.C. Rural Economic Development Center

4021 Carya Drive

Raleigh, NC 27610

Telephone: 919-250-4314

Fax: 919-250-4325