Appalachian Community Capital

Appalachian Community Capital (ACC) is an ambitious, groundbreaking project to increase business lending in Appalachia by providing community loan funds a new source of capital. Appalachian Community Capital was created to increase business lending in Appalachia by providing community loan funds with a new source of capital through the creation of a wholesale capital intermediary. This CDFI intermediary raises grant capital and leveraged debt from funding sources not available to, or underutilized by, the individual funds, such as regional and national banks, utilities, and national foundations. ACC uses this new capital to make loans to high performing development lenders and also purchase participations in loans made by these local lenders. Growing the net capital base and program capacity of the participating loan funds increases access to financing for Appalachian businesses and provide a greater opportunity for the formation and expansion of entrepreneurial enterprises that create high quality jobs, retain local wealth, and ultimately improve the quality of life in the Region.