Partner Community Capital (PCAP) provides loans to borrowers in underserved communities in North Carolina and West Virginia. PCAP also connects its borrowers to strategic advisory services.
Lending FocusPCAP lends to small businesses located in rural and/or underserved communities. PCAP also focuses lending to women & BIPOC business owners and to sustainable enterprises. In these ways, PCAP promotes economic and environmental sustainability and supports entrepreneurs' efforts to build family and community wealth.
Loans At A Glance
Loan Amounts Provided
$25,000 to $1,000,000 (or more through special enhancement programs)
- Updated business plan and projections required
- Business cannot have outstanding judgements or tax liens
- No bankruptcies in the last three years
- Credit will be evaluated as part of underwriting process
- 1% — 2% origination fee based on loan size
- Working capital loans
- Equipment loans
- Real estate loans (up to 20 years)
Client Success Story
Edmund Washington opened the first location of No Grease, a men’s luxury barbershop, in the Greater Charlotte area of North Carolina in 2020. On the heels of his initial success, he pursued opening a second location. Edmund sought capital from a national bank. “I had good credit, personal and from the business, and I had the collateral, but the loan officer denied me over the phone,” he says. “They didn’t even look at my application.” He took his business plan to PCAP, who secured the funds to open his second Charlotte location. “PCAP believed in me and what I could accomplish,” says Edmund. “I’m in the position to expand and elevate the business.”