The Diversified Contractors Growth Fund (DCGF) provides short-term debt financing to women- and minority-owned enterprises (WBE/MBE) as well as veteran-owned enterprises that are certified contractors in the commercial construction industry. DCGF loans are intended to increase WBE/MBE competitiveness and financial capacity to bid on and perform public and private contract work they otherwise might not be able to because of cash flow limitations. Along with funding partner, Port KC, AltCap is proud to support the growth and development of our minority and women contractors through this loan fund.
Some features of the DCGF include:
Interest Rate as low as 6%
Loan terms are typically short, 1 year or less
No pre-payment penalties
Common uses of the DCGF include:
Working capital (e.g. payroll)
Equipment and materials
Interior and exterior improvements to commercial property
Interested in growing your business? Learn about AltCap's technical assistance programs.