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Virginia Capital Access Program (Virginia)

Eligibility 
Commercial
Industrial
Savings Category 
Fuel Cells
Photovoltaics
Program Info
State 
Virginia
Program Type 
Loan Program
Provider 
Virginia Economic Development Partnership

The Virginia Capital Access Program (CAP), in partnership with Virginia’s Small Business Financing Authority, provides access to capital for small businesses. Businesses must apply to participating banks for a traditional loan, and the lender advises the company of enrollment in CAP. The program offers loan guarantees on a portfolio of loans through a loan loss reserve, which it establishes at each participating bank. Funds can be used for general working capital and fixed-asset financing. The maximum loan amount is $250,000.