AltCap is proud to announce the 2023 AltCap Your Biz Pitch Competition Top 10 finalists! 

AltCap, an impact-focused small business lender, is excited to share the promotion of two staff members that will help advance its mission of strengthening communities through accessible capital.

AltCap’s Revenue-Based Financing not only provides businesses with the capital they need to grow — it also adapts to their performance, ensuring a loan payment isn’t overly burdensome to the entrepreneur.

The SBA Community Advantage program helps impact-driven lenders like AltCap to provide partially-guaranteed loans to new businesses, firms in low- to moderate-income communities, and companies with most of their workforces living in low-income census tracts.

Liberty Bank and Trust announced a partnership to provide a $5 million financing facility to AltCap, an impact-focused small business lender, to support its efforts of increasing access to capital for entrepreneurs of color and minority-controlled businesses in Texas.

AltCap, an impact-focused small business lender, is pleased to announce the hiring of Patty Becker as its first Vice President of Operations.

Etsy awarded AltCap, an impact-focused small business lender, a $500,000 grant to provide $1,000 to $10,000 loans through the ARTcap Microloan Fund to artists and creative entrepreneurs in Kansas, Missouri and Texas.

AltCap, a mission-driven small business lender, is expanding its geographic footprint to make capital more accessible for entrepreneurs in Missouri, Kansas, Texas, and Colorado.

AltCap and the Rotary Club of Kansas City-Plaza are launching an economic equity program to provide microloans to fledgling entrepreneurs who are completing training with The Sewing Labs.

AltCap and the Carolina Small Business Development Fund (CSBDF) are proud to share a new theoretical framework to help community development financial institutions (CDFIs) better evaluate their impact.

After an afternoon of impressive pitches that displayed each business's story, mission, and potential, were thrilled to announce that Diversity Telehealth, founded by Dr. Shelley Cooper, is the 2022 AltCap Your Biz Champion.

Meet AltCap's Director of Tax Credit Financing and Consulting Services, Michael Bland. With the addition of Bland, AltCap is offering comprehensive New Markets Tax Credit Consulting Services to businesses, real estate developers, and non-profit organizations.

The nonprofit Urban Institute is a leading research organization dedicated to developing evidence-based insights that improve people’s lives and strengthen communities. For 50 years, Urban has been the trusted source for rigorous analysis of complex social and economic issues; strategic advice to policymakers, philanthropists, and practitioners; and new, promising ideas that expand opportunities for all. Our work inspires effective decisions that advance fairness and enhance the well-being of people and places.

The Kansas City region (Metro KC) has a rich set of support resources for its entrepreneurial community: it has many lending institutions providing financing to small businesses and several technical assistance providers serving small-business owners. However, the region still has ample room to develop in terms of connecting entrepreneurs—particularly the smallest ones and those in historically underserved communities—to the capital and support they need to launch and grow their enterprises.
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As one of five Parade of Hearts beneficiaries selected, AltCap will direct funds toward grants and business advisory services for minority and women-owned small businesses, giving them the tools needed for continued recovery and growth.

AltCap is proud to announce two members of our team will be participating in the 18th Annual Aspen Ideas Festival, a week-long convening dedicated to exploring the ideas and issues that shape and challenge communities.

“There’s a gap in ability to complete the process,” said Ruben Alonso, CEO of AltCap, a community lender in Kansas City, Missouri. “It takes a lot of time for entrepreneurs who are working to keep businesses open.”

One of Kansas City's most successful and important local lenders during the height of the Covid-19 pandemic is receiving a $5.3 million booster from the Ewing Marion Kauffman Foundation.

The community development financial institution pumped almost $13 million into small businesses in the metro area through pandemic relief programs, with a substantial portion going to small enterprises owned by people of color and women.

Black-owned firms seeking capital are only half as likely as their white counterparts to obtain funding, creating a "deeply rooted systemic problem." But a new Kansas City program aims to do something about that.