Capital Access Program

The Capital Access Program is a government-supported initiative that helps small businesses secure funding by reducing the risk for lenders. Typically, a small percentage of each loan is set aside into a reserve fund, which can be used to cover defaults. This arrangement encourages banks and lenders to offer loans to small or emerging businesses that might not qualify under normal criteria, thereby improving access to capital. Essentially, it acts as a safety net, making it easier for small businesses to obtain financing necessary for growth, expansion, or operational needs.