Appalachian Community Capital
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- Appalachian Community Capital (ACC) is an ambitious, groundbreaking project to increase business lending in Appalachia by providing community loan funds a new source of capital. Appalachian Community Capital was created to increase business lending in Appalachia by providing community loan funds with a new source of capital through the creation of a wholesale capital intermediary. This CDFI intermediary raises grant capital and leveraged debt from funding sources not available to, or underutilized by, the individual funds, such as regional and national banks, utilities, and national foundations. ACC uses this new capital to make loans to high performing development lenders and also purchase participations in loans made by these local lenders. Growing the net capital base and program capacity of the participating loan funds increases access to financing for Appalachian businesses and provide a greater opportunity for the formation and expansion of entrepreneurial enterprises that create high quality jobs, retain local wealth, and ultimately improve the quality of life in the Region.
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Headquarters:930 Cambria Street Northeast , Christiansburg, Virginia, United States
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Phone Number: +1 540-585-4932
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Employees:4
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Revenue:$1 - 10M
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Legal Name:Appalachian Community Capital
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Appalachian Community Capital's Social Media
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| NAICS Code: 624110 |
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Frequently Asked Questions regarding Appalachian Community Capital
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Where are Appalachian Community Capital's Headquarters?
Appalachian Community Capital's Headquarters are in 930 Cambria Street Northeast ,Christiansburg,Virginia,United States
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What is Appalachian Community Capital's phone number?
Appalachian Community Capital's phone number is +1 540-585-4932
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What is Appalachian Community Capital's official website?
Appalachian Community Capital's official website is https://www.appalachiancommunitycapitalcdfi.org
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What is Appalachian Community Capital's Revenue?
Appalachian Community Capital's revenue is $1 - 10M
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What is Appalachian Community Capital's NAICS code?
Appalachian Community Capital's NAICS code is 624110
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How many employees are working in Appalachian Community Capital
Appalachian Community Capital has 4 employees
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What is Appalachian Community Capital's Industry?
Appalachian Community Capital is in the industry of Banking
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Who is Appalachian Community Capital's CEO?
Appalachian Community Capital's CEO is Donna Gambrell