North Carolina Capital Access Program

The Capital Access Program provides additional loan loss reserves to institutional lenders for business loans that they enroll. The reserve is funded by the lender and borrower together contributing 7 percent of a loan or line of credit to the reserve fund which will be matched with NC CAP funds. Lenders may use the reserve account to cover any losses on their CAP loans. Eligible uses include most business purposes including owner-occupied real estate, construction, equipment, and working capital.