Regional Growth Capital
Regional Growth Capital was founded in 1994 as a private, for-profit corporation. It is owned by 28 bank shareholders and three local economic development agencies, and funds its investments by drawing on lines of credit provided by its bank shareholders.
Regional Growth Capital provides a unique alternative - investment without ownership. It invests in selected applicants that demonstrate significant potential for success and value the investment as an attractive alternative to venture capital or other forms of equity investment.
Regional Growth Capital invests between $50,000 and $500,000 to qualified applicants, which are defined as:
- Growing and locally based
- Unable to provide adequate senior debt to finance the company's organic growth, an acquisition or a recapitalization
- Able to provide cash flow to cover the funds' debt service
Regional Growth Capital considers:
- Cash flow coverage
- Management capabilities
- Business plan
- Debt-to-equity ratio
- Personal credit scores of majority and significant shareholders
For more information, contact:
Vince Volpe
Business Development Liaison
314.402.3538
vtvolpe@regionalgrowthcapital.com
