Capital access program - cash collateral guarantees for small business loans

Access financing with reduced collateral requirements through our Capital Access Programs in Massachusetts and Rhode Island. These state-backed programs help businesses secure loans that might not qualify under traditional underwriting.

company INTRODUCTION

At BDC Capital, we administer the Capital Access Programs (CAP) in Massachusetts and Rhode Island, providing cash collateral guarantees that help small businesses secure the financing they need with reduced collateral requirements. These state-backed programs reduce risk for lenders, making credit more accessible for businesses that might not qualify under traditional bank underwriting standards.

Our process for financing success

WHY BDC CAPITAL

More than just credit enhancement

Multiple Use Cases

CAP guarantees can be used for working capital, equipment purchases, commercial real estate acquisition, inventory financing, business expansion, and virtually any reasonable business purpose your lender approves.

Preserve Your Banking Relationship

Everything stays between you and your bank—they negotiate all loan terms, pricing, and guaranty premiums directly. We simply provide the credit enhancement that makes the loan work.

Frequently asked questions

What are the loan limits for the Capital Access Program?

In Massachusetts, CAP provides cash collateral guarantees for loans up to $500,000. In Rhode Island, guarantees are available for loans up to $750,000. The average CAP loan size is approximately $100,000, making the program ideal for small business financing needs.

How much does the Capital Access Program cost?

Borrowers pay a minimum enrollment fee of 3% of the loan amount, which is deposited into a loss reserve account. The state matches this contribution with an additional 3% payment, creating a 6% total loss reserve that protects the lender.

What types of businesses qualify for CAP?

Most for-profit businesses operating in Massachusetts or Rhode Island are eligible. The program is designed to help businesses that have viable operations but may not meet all traditional bank underwriting criteria due to limited collateral, short operating history, or other factors.

Access the financing your business deserves

Let CAP guarantees reduce barriers and open doors

Get Financing