WVCAP Subordinated Debt
Provides WVCAP subordinated debt to West Virginia businesses when traditional lenders cannot meet their credit profile.
The WVCAP Subordinated Debt program is a gap-financing instrument administered by the West Virginia Jobs Investment Trust (WVJIT) and the West Virginia Economic Development Authority (WVEDA) under the WVCAP umbrella, which is funded by the U.S. Treasury State Small Business Credit Initiative (SSBCI). The program is designed specifically for West Virginia businesses that are creditworthy but fall o…
Provides subordinated loan financing to creditworthy West Virginia businesses that do not fit traditional lending models, under the SSBCI-funded WVCAP umbrella.
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