Arkansas Capital Corporation

The Arkansas Capital Corporation Group (ACCG) consists of several affiliated companies with different markets, including the Arkansas Capital Corporation (ACC), a privately owned, non-profit organization established in 1957 to serve as an alternative source of financing for businesses in Arkansas. Its main goal is to improve the economic climate in the state by providing long-term, fixed-rate loans to Arkansas businesses. Loans start at a minimum of $100,000.

As a preferred lender of the Small Business Administration, ACC makes loans to existing operations and business start-ups for everything from new construction and equipment to working capital. ACC loans may be used in combination with bank loans, municipal bond issues, or other sources of financing.

The Arkansas Capital Corporation Group (ACCG) has an affiliate SBIC venture capital fund, Diamond State Ventures, which provides patient capital to emerging growth businesses in Arkansas and the region. DSV's investment range is $250,000 to $3,000,000 and can syndicate capital raises of up to $20 million. DSV will consider businesses in basic manufacturing and services, as well as technology related ventures.

Commerce Capital Development Company, another ACCG member, oversees the investment incentives offered by the Arkansas Capital Development Company Act. Under this act, investors may receive a state income tax credit equal to one-third of their investment in an approved project. The credit can be used to offset up to half of their state income tax liability in a given year and may be sold or transferred to another party.

Other ACCG affiliates include the Arkansas Certified Development Corporation, which administers SBA 504 loans, and the Arkansas Capital Relending Corporation, which facilitates U. S. Department of Agriculture loans in communities with a population of 25,000 or less.