Leading Non-Bank Lender
AGC provides a diverse range of small business loan options and is excited to learn about new opportunities of any size, but most transactions fall within these parameters:
- Average Loan: $1.2 million
- Typical Loan Size Range: $500,000 to $10 million
- Company Revenue: $1 million to $100 million
Niche
- Borrowers who don’t meet traditional bank requirements
- Growth companies with adequate cash flow but limited collateral
- Rural markets
Loan Types
- Long-term working capital to support growth
- Acquisition or change of control
- Equipment or real estate purchase
- Debt refinance
Terms
- Up to 30 years
- Fully amortizing
- Typically Prime Rate +3%
Where We Do Business
Through its over 20-year history, Alaska Growth Capital has expanded into markets that have demonstrated a need for a lender that can act quickly and provide capital for companies that may have a hard time obtaining, or are not yet ready for, traditional bank financing. AGC is currently doing business in Alaska, Montana, Hawaii, Idaho, Washington and Colorado; providing SBA and USDA loans to small businesses in Alaska and USDA loans to small businesses across our northwest markets.
Loan Programs
SBA
- Approved to offer SBA loan products under SBA’s Preferred Lenders Program
- AGC partner since 1998
- 7(a) Loan Guarantee Program up to $5 million
- AGC is a Preferred Lender, and 12-time Community Lender of the Year
- Visit SBA Online
USDA
- AGC partner since 1998
- Business & Industrial Loan Guarantee program available for qualifying rural businesses
- AGC staff expertise and options for larger loans
- Visit USDA Online
Additional Resources
Alaska Small Business Development Center (AKSBDC)