Financial Products

NCIF’s timely capital for green businesses drives business growth, increases profitability, creates employment opportunities and positive environmental impact, and expands the urban and rural tax base. NCIF specializes in providing:

• Patient, equity-like capital  that leverages traditional debt from banks and other collateral-based lenders.
• Loans for growing companies in economically distressed communities, especially promising ventures led by socially disadvantaged entrepreneurs.
• Working capital to grow sales through increased inventory, marketing campaigns, or broker contracts.
• Financing for fixed assets, such as technology, equipment and real estate.
   

NCIF lends from $15,000 to $250,000 per borrower, with loan terms ranging from one to fifteen years, depending on the use of capital. 

Products

		Business Expansion Loans NCIF offers term loans to businesses with at least two years of operating history. Loan proceeds can be used for inventory, machinery and equipment, real estate acquisition, or other working capital purposes.
		Subordinated Debt NCIF specializes in subordinated debt for businesses with fewer than five years of operating history. We provide patient, risk capital in partnership with senior lenders to fund a growing company’s needs for inventory, machinery and equipment, real estate acquisition, and other working capital purposes.
		Energy Efficiency Loans We’re committed to providing affordable capital to enterprises taking control of their energy costs. In the past, we’ve helped entrepreneurs invest in HVAC upgrades, install more energy efficient equipment, and add renewable energy sources to reduce energy consumption and improve their bottom line.  Learn more »
		Sustainable Logging Initiative The forest products industry is key to the vitality of many rural communities in the Southeast. That’s why NCIF has partnered with the U.S. Endowment for Forestry and Communities and Coastal Enterprises, Inc. to provide affordable financing to loggers in South Georgia and South Carolina to upgrade equipment needed to serve the biomass and forest products industry in the region. Learn more »
		ShadeFund ShadeFund, NCIF’s associated microlender, provides small loans ($5,000 to $50,000) to green entrepreneurs across America. More information at shadefund.org.

Equity

NCIF may invest in companies that meet our underwriting criteria and triple-bottom-line objectives. NCIF’s equity investments are customized to the particular transaction and may be structured as convertible preferred stock, debt with warrants, convertible debt, or royalty payments. Investment amounts range from $50,000 to $250,000.

		New Markets Tax Credit Financing NCIF is a Working Partner with Coastal Enterprises, Inc. to provide access to New Markets Tax Credits in targeted distressed communities in West Virginia, North Carolina, southwest Virginia and northeast Tennessee. Select projects in the $3 to $20 million range with major economic, social and environmental benefits – the triple bottom-line – will be considered.
		West Virginia Capital Access Program Funded by the Small Business Jobs Act of 2010, Claude Worthington Benedum Foundation and West Virginia Department of Commerce, this program provides debt and equity capital and technical assistance to small businesses seeking expansion financing. Learn more »