AltCap
AltCap is a nonprofit Community Development Financial Institution (CDFI) that provides microloans, small business loans, revenue-based financing, and New Markets Tax Credit transactions to underestimated entrepreneurs across Colorado, Kansas, Missouri, Nebraska, Texas, and California.
- Company typePrivate
- Founded2005
- HeadquartersKansas City, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What AltCap does
AltCap is a nonprofit Community Development Financial Institution (CDFI) founded in 2005 and headquartered in Kansas City, Missouri, that provides accessible business capital to underserved and underestimated entrepreneurs across six U.S. states. As an affiliate of Community Capital Fund, the organization operates with a mission-oriented mandate rather than profit maximization, deploying patient and flexible capital to borrowers who lack access to traditional bank financing.
The core product portfolio centers on four financing instruments: microloans averaging $20,000 in size, small business loans, revenue-based financing, and New Markets Tax Credits (NMTC) transactions. These are layered with specialized programs — ARTcap Microloans (creative industries), BUILDcap (business development), CARE Fund (emergency relief), RISE Microloans (growth/recovery), and the AltCap Your Biz pitch competition — plus non-financial business support services such as coaching and training. The organization does not develop proprietary technology products; its operational model is relationship-based, community-led direct lending.
AltCap generates revenue primarily through interest and fees on its loan portfolio, supplemented by participation in New Markets Tax Credits transactions. Distribution occurs via direct lending applications processed through its own channels, supported by regional offices or partnerships across Colorado, Kansas, Missouri, Nebraska, Texas, and California (where AltCap California operates as a separate subsidiary entity). The cumulative impact disclosed by the organization is $51M+ in loans originated across 1,200+ borrowers, and the organization has received programmatic capital from the Kauffman Foundation and the U.S. CDFI Fund in recent years.
AltCap firmographics
Firmographics- Name
- AltCap
- Legal name
- AltCap
- Website
- https://alt-cap.org
- Company type
- Private
- Founded year
- 2005
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- AltCap is a nonprofit Community Development Financial Institution (CDFI) that provides microloans, small business loans, revenue-based financing, and New Markets Tax Credit transactions to underestimated entrepreneurs across Colorado, Kansas, Missouri, Nebraska, Texas, and California.
- Ownership category
- akta.pro rank
AltCap industry classification
Industry- Product category
- Community Development Financial Services
- NAICS
- Other Financial Vehicles (52599)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Microloans & Working Capital Loans (FSAKAGAA)
- akta.pro secondary industries
- Secured Microloans (Community/Nonprofit, Collateralized) (FSAKALAJ), Microfinance, Financial Inclusion & Inclusive Markets (BPAGABAM)
Keywords
Where AltCap is headquartered
LocationHeadquarters
- HQ city
- Kansas City
- HQ country
- United States
- HQ region
- North America
Offices6 records
Markets served
AltCap business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Loan Interest and Fees: AltCap generates revenue through interest on microloans, small business loans, and revenue-based financing provided to entrepreneurs. The organization also participates in New Markets Tax Credits programs as a financial mechanism for community development.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Microloans averaging $20,000 |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
AltCap product offering
Product offeringCore offering
AltCap is a Community Development Financial Institution (CDFI) and affiliate of the Community Capital Fund nonprofit that provides alternative financing to underestimated entrepreneurs across six U.S. states. The company originates microloans, small business loans, revenue-based financing, and deploys New Markets Tax Credits, and has originated more than $51M in loans to over 1,200 borrowers. Its average microloan size is approximately $20,000, targeting borrowers who cannot access conventional bank credit.
Product overview
AltCap is a community development financial institution (CDFI) offering a platform-plus-programs architecture of financing solutions and business support services for underestimated entrepreneurs. The core financing products include Microloans (average $20,000), Small Business Loans, Revenue-Based Financing, and New Markets Tax Credits. These financial products are complemented by specialized programs including AltCap Your Biz (a pitch competition), ARTcap Microloans (arts-focused), BUILDcap, Business Support Services, CARE Fund (emergency relief), and RISE Microloans. The organization operates across six states (Colorado, Kansas, Missouri, Nebraska, Texas, and California) serving 1,200+ borrowers with over $51M in loans.
Differentiator
Problem solved
Functional benefit
Products and services
- Microloans Small-dollar loans averaging approximately $20,000 designed for micro-entrepreneurs and underestimated borrowers who cannot access conventional bank financing. Originated to borrowers across six states.
- Small Business Loans Traditional small business loan products offered to underserved entrepreneurs in AltCap's six-state service area, complementing the microloan product line.
- Revenue-Based Financing Alternative financing product structured around the borrower's revenue stream, providing flexible repayment terms tailored to small business cash flow cycles.
- New Markets Tax Credits Federal tax credit allocation product deployed in partnership with Central Bank to finance community development projects in low-income communities.
- AltCap Your Biz Branded AltCap lending/support program aimed at small business owners in the communities AltCap serves.
- ARTcap Microloans Specialty microloan product targeting artists and creative entrepreneurs who lack access to traditional business financing.
- BUILDcap Branded AltCap program focused on financing for business expansion, growth, or community real estate development in target communities.
- Business Support Services Non-lending technical assistance and business advisory services bundled alongside AltCap's loan products to help underestimated borrowers start and grow their businesses.
- CARE Fund AltCap-branded financing or grant fund providing targeted capital to underserved entrepreneurs, complementary to the core loan portfolio.
- RISE Microloans Microloan product line designed to help underestimated borrowers rise into sustainable business ownership through small-dollar capital.
Quantifiable outcome
- $51M+ in loans originated across 1,200+ borrowers
Companies that use AltCap
Customer profileNamed customers5 records
Segments1 record
Ideal customer profiles1 record
AltCap technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AltCap partnerships and signals
Strategic signalScale indicators4 records
Recent moves5 records
Expansion highlights4 records
AltCap competitors and assessment
Company assessmentDirect peers
- Justine PETERSEN: St. Louis-based nonprofit CDFI delivering microloans, small business loans, and credit-building services to underserved entrepreneurs — directly comparable to AltCap's Missouri-led community lending model.
- Grameen America: Nonprofit microfinance organization providing small-dollar loans to low-income women entrepreneurs in the U.S. Operates in a similar community-lending, CDFI-adjacent model with comparable microloan average ticket sizes.
- Accion: Global nonprofit microlender and small business lender serving underserved entrepreneurs; matches AltCap's CDFI-aligned lending to excluded SMBs with comparable patient-capital product design.
- Kiva: Nonprofit crowdfunding microlender offering 0% interest loans to underserved borrowers, with a strong mission overlap to AltCap's microenterprise lending and similar 'underestimated entrepreneur' targeting.
- LiftFund: San Antonio-based nonprofit CDFI providing microloans and small business loans across the U.S. South and Southwest, directly overlapping AltCap's Texas footprint and SMB microfinance model.
- CDC Small Business Finance: California-based CDFI providing SBA and small business loans to underserved SMBs; comparable to AltCap California in serving underestimated entrepreneurs with CDFI-rate patient capital.
- BCL of Texas: Texas-based nonprofit CDFI offering microloans and small business lending, directly competing with AltCap's Texas operations for the same underbanked entrepreneur segment.
- Pathway Lending: Tennessee-based CDFI providing capital and coaching to underserved small businesses; mirrors AltCap's model of pairing microloans with non-financial business support services.
- MoFi: Montana/Idaho-based nonprofit CDFI offering flexible financing to small businesses, directly comparable in mission, CDFI structure, and underbanked-borrower focus.
Emerging players
- Pacific Community Ventures: California nonprofit providing capital and advising to small businesses in low-income communities; overlaps with AltCap California on both lending and business-support service offerings.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
AltCap social profiles
Digital presenceAltCap financial estimates
Financial estimateRevenue estimate
Valuation estimate
AltCap leadership team
Management profileNumber of profiles
AltCap subsidiaries and ownership
Company hierarchySubsidiaries1 record
AltCap funding detail
Funding detailFunding overview
Funding rounds3 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
AltCap M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about AltCap
What does AltCap do?
AltCap is a Community Development Financial Institution (CDFI) and affiliate of the Community Capital Fund nonprofit that provides alternative financing to underestimated entrepreneurs across six U.S. states. The company originates microloans, small business loans, revenue-based financing, and deploys New Markets Tax Credits, and has originated more than $51M in loans to over 1,200 borrowers. Its average microloan size is approximately $20,000, targeting borrowers who cannot access conventional bank credit.
Is AltCap a public or private company?
AltCap is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was AltCap founded?
AltCap was founded in 2005. It employs 11 to 50 people.
Where is AltCap based?
AltCap is headquartered in Kansas City, United States, in the North America region.
How does AltCap make money?
One revenue line is on record: loan Interest and Fees.
Who are AltCap's main competitors?
Direct peers on record are Justine PETERSEN, Grameen America, Accion, Kiva, LiftFund, CDC Small Business Finance, BCL of Texas, Pathway Lending and MoFi. Pacific Community Ventures is listed as an emerging player.
Does AltCap have an API?
No public API is recorded for AltCap.
What industry is AltCap in?
AltCap's product category is Community Development Financial Services. Its primary akta.pro industry code is FSAKAGAA, Microloans & Working Capital Loans, with a secondary code of FSAKALAJ, Secured Microloans (Community/Nonprofit, Collateralized). Its NAICS code is 52599 and its SIC code is 6199.