Arkansas Capital Corporation Expands SBA Lending to Louisiana

May 21, 2024

Delaney Sexton
Contributing Editor

Arkansas Capital Corporation Expands SBA Lending to Louisiana

ACC Executive Vice President and Director of Lending Craig Calafati says, “ACC is honored to be chosen by the SBA, an invaluable partner in our mission to create better communities in Arkansas and across the United States. The SBLC designation marks a major milestone in ACC’s longstanding history of ensuring underserved communities have equal access to start-up and expansion funding to own and operate successful businesses.”

After receiving one of three new SBLC licenses, Arkansas Capitol Corporation has been able to expand and provide lending services nationwide. Their plans are beginning with contiguous states such as Missouri and Louisiana. A month ago, they shared that they plan to open a loan production office in Missouri in May. Now, Louisiana will be able to access Arkansas Capital Corporation’s lending services that have been supporting Arkansas entrepreneurs and rural communities.

With their SBLC license, they also intend to expand SBA lending to Mississippi, Tennessee, Oklahoma, and Texas.

Sources:
Biz New Orleans Article
Kansas City Business Journal Article