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WV
WVCAP Subordinated Debt Fund
Provides SSBCI-backed subordinated debt to West Virginia small businesses that may not fit traditional lending models.
About this program
The West Virginia Capital Access Program Subordinated Debt Fund provides small businesses with a source of capital through SSBCI-backed financing. The fund is designed for creditworthy West Virginia small businesses that may not fit traditional lending models and can help finance business growth through subordinated debt alongside other financing.
Eligibility
Eligible applicants are West Virginia small businesses that are creditworthy but may not fit traditional lending models and need subordinated debt for eligible business purposes.
Requirements
- Business must be a West Virginia small business.
- Business must be creditworthy but may not fit traditional lending models.
- Financing must be used for eligible business purposes.