The Appalachian Growth Capital is the only U.S. Treasury federally-designated Community Development Financial Institution (CDFI) in Ohio’s 32 Appalachian counties.
Our mission is to help small and middle size businesses in the Region grow and prosper by
providing low cost loans and technical assistance.
Funding growth can be a challenge for businesses but AGC understands that supporting
businesses creates jobs and strengthens communities by growing the local economy. AGC’s
flexible terms helps businesses who have a hard time qualifying for conventional lending. And, we
help coordinate your loan needs by connecting you with other possible partners including peer
CDFIs, banks, and non-traditional lenders.
Did you know that CDFIs are 28 percent more likely to approve loans to companies than small
banks and 71 percent more likely than large banks?
Numerous studies show that access to credit is one of the top issues that prevent business startups
and impede small company growth. Since 2018, the AGC has extended 73 loans to businesses in
the Region, and deployed more than $12 million in loan capital. We provide loans for real estate,
equipment, and working capital.
The Appalachian Growth Capital is a subsidiary of the Appalachian Partnership, Inc., and sister
company of Ohio Southeast, a regional economic development company. Click on the logos below
to learn more about these outstanding organizations.