Joplin Capital Corporation
Joplin Capital Corporation provides small business loans and/or equity for projects that cannot be financed through conventional means. Joplin Area Chamber of Commerce staff supports and promotes JCC in Joplin, Missouri.
About
The Joplin Capital Corporation is a for-profit, multi-bank entity that facilitates economic development in Joplin’s underserved areas by providing “gap financing,” such as small business loans and/or equity to entrepreneurs unable to obtain adequate conventional financing.
Loan amounts range from $5,000 to $50,000.
Who Can Apply:
- Existing small businesses and startups
- New purchase of an existing small business
- Home-based businesses
- Investors in commercial real estate
Who/What is NOT Eligible:
- Not-for-profit businesses
- Loans for consumer purposes, including owner and non-owner occupied residential real estate
- Businesses providing products/services of a prurient nature
Funds May Be Used for:
- Real estate construction
- Purchase of equipment
- Leasehold improvements
- Working capital
- Labor and materials on specific contracts
- Acquisition of an existing business
- Purchase/rehabilitation of commercial real estate
- Other purposes as deemed appropriate
Services Provided
Financial Resources and Assistance
- Obtaining Equity Funding
- Loan Providers (Specialty)
- Real Estate Finance
Buying or Selling a Business
- Purchasing an Existing Business
