Ohio Capital Access Program / Ohio Department of Development
Akron Urban League / Minority Business Assistance Center
The Ohio Capital Access Program encourages financial institutions to lend to small businesses and nonprofits that may not meet conventional underwriting standards by establishing a loan “guarantee” reserve account to recover losses from loans enrolled in the program. Loan proceeds may be used for working capital lines of credit or the purchase or contribution of fixed assets such as non-residential buildings and equipment.
- Must be located in Summit County