AltCap

AltCap develops and deploys alternative financing solutions for entrepreneurs and communities historically underserved by traditional lenders. The organization specializes in providing flexible and patient capital, along with entrepreneur-focused programming and strategic partnerships, to support small businesses and real estate development projects. Their offerings are designed to overcome typical lending constraints, facilitating growth and fostering economic inclusivity for a diverse range of ventures.

Established in 2005, AltCap initially launched as a Community Development Entity, channeling high-impact capital to businesses that create jobs and catalyze development. The organization achieved certification as a Community Development Financial Institution (CDFI) in 2015, deepening its commitment to its mission. This evolution was driven by an understanding of the structural barriers limiting capital access in marginalized communities, building on a legacy of CDFIs addressing economic disparities and promoting wealth creation.

AltCap serves underestimated entrepreneurs and small business owners who find traditional financial institutions inaccessible. Its products enable these businesses to launch, operate, and expand, contributing to local economies. The company’s long-term vision is to empower the success of these entrepreneurs, cultivating stronger, more vibrant communities by ensuring equitable access to capital and generating lasting economic opportunities for all.