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Information for lenders

N.C. Capital Access Program

NC-CAP offers you a way to say yes to more business loans. By providing matching loan loss reserve funds, it cushions your exposure in the event of a default.

Lenders are choosing NC-CAP because it’s:

Easy to sign up. You’ll sign a simple agreement and open an account to house the reserve fund that will be used to support all loans your institution makes under the program.
Easy to use. You’ll make loans the way you always have – using your own documents, doing your own underwriting, setting loan terms and pricing.
Easy to enroll a loan. If you decide a loan is a good candidate for NC-CAP and the borrower agrees to the terms, you’ll submit a one-page enrollment form.
Easy to build the reserve account. Each NC-CAP loan requires an upfront fee from the borrower. You’ll deposit that amount into the reserve account, and we match it dollar for dollar. The reserve grows quickly as you enroll more loans, providing protection for any loan you’ve enrolled in the program.

Participation is voluntary and available to banks, federally insured credit unions and community development financial institutions – and their customers – statewide.

NC-CAP is made possible by $46.1 million in federal funding under the Small Business Jobs Act of 2010. The Rural Center administers the program in all 100 counties on behalf of the state of North Carolina.

Sign up today

The following documents provide all you’ll need to understand the details of the program and to enroll your institutions.

Program manual (PDF)

Lender participation agreement (Word) - Please submit two original signed copies.

(download agreement as a PDF)

Letter of instruction explaining participation agreement

NC-CAP reserve account instructions (Word)

(download instructions as a PDF)

Training request form (Word)

(download form as a PDF)

Operating your program

We can provide you with brochures, posters and table tents to help advertise NC-CAP to your customers. You also may add an e-link to your website, linking customers directly to www.nc-cap.org. To request materials or for more information, contact Lisa Theall by e-mail or at 919-250-4314.