Flexible, responsible business loans

Partner Community Capital™ (PCAP) lends to small businesses, non-profits, and farms so they can grow their operations, increase profitability, create employment opportunities, and have positive environmental and community impact.

Lender Talking with Borrower

Lending Guidelines

Amount

$25,000 to $1,000,000 – or more through special enhancement programs (see below).  A PCAP loan is frequently part of a larger financing package that may include other loans, grants, tax credits, or alternative forms of financing. 

Structure

Senior or subordinated debt. PCAP can provide the gap financing that’s hardest to find, leveraging traditional debt from banks and other lenders. We commonly partner with banks and other lenders. 

Interest Rate

Our interest rates are fair. We price our loans based on risk. To determine risk, our lenders examine the business’ past profitability and cash flow, the loan purpose, strength of collateral, and the borrower’s credit history. 

We’re not here to compete with banks. We always encourage entrepreneurs to obtain the lowest cost capital they can, from a traditional lending institution if possible. We’re willing to take more risk and, so, our interest rates are usually higher than traditional lenders.

Uses

  • Real estate
  • Business acquisition
  • Fixed assets, such as equipment, fixtures, and technology
  • Working capital to grow sales through increased inventory, hiring, or marketing
  • Renewable energy and efficiency projects, including installations and improvements, PPA and C-PACE financing

Terms

We look at each project on its own merits and structure loan payments to match the business cash flow or project. Here are general guidelines:

  • Working capital loans: 1-3 years.
  • Equipment loans: 3-10 years.
  • Real estate loans: up to 20 years.

Credit Enhancements & Guarantees

Partner Community Capital™ is an SBA 7(a) Community Advantage Lender and SBA 504 Lender and is certified by the USDA as a Business & Industry Guarantee (B&I), Intermediary Relending Program (IRP), and Rural Microenterprise Assistance Program (RMAP) lender. We can lend from $1 million to $2.5 million through the SBA 504 Program or USDA B&I Program, for eligible projects. 

Fees

We charge an origination fee typically 1% – 2% of the loan amount, depending on the type and complexity of project. Borrowers pay all loan closing costs, such as filing fees, attorney’s fees, environmental due diligence, and fees for multiple disbursements. The origination fee and loan closing costs can be financed, at the option of the borrower, as part of the loan.

PCAP is an Equal Opportunity Provider. We do not discriminate on the basis of race, color, religion, national origin, sex, marital status, or age (provided the applicant has the capacity to enter into a binding contract); or because all or part of the applicant’s income derives from any public assistance program.

PCAP Lenders

We’ll ensure you get the right loan for your needs. PCAP lenders take the time to understand your business and design a financing plan that meets your goals and ability to repay. Contact the Lender in your region:

Eastern North Carolina & Triangle

Central North Carolina Appalachian Virginia

Central North Carolina & Triad

Senior Vice President and Director of Lending

Western North Carolina & Appalachian South Carolina

Senior Business Lender, NC

Northern West Virginia and Eastern Panhandle; Appalachian Ohio & Maryland

Senior Business Lender, WV

Southern West Virginia and Eastern Kentucky

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