PA Department of Community and Economic Development
The mission of the Department of Community and Economic Development (DCED) is to foster opportunities for businesses to grow and for communities to succeed and thrive in a global economy. Our mission is to improve the quality of life for Pennsylvania citizens while assuring transparency and accountability in the expenditure of public funds.
400 North Street Harrisburg Pennsylvania 17120 United States
Loan Guarantee Program Designed for Start-ups and Other
The Pennsylvania Capital Access Program (PennCAP) is a
loan guarantee program designed to help borrowers that don’t quite meet the
bank’s normal small business lending requirements. Borrowers apply for
PennCAP loans directly through participating banks. A borrower must have a
branch of a participating bank in their local area in order to receive a
PennCAP loan through that bank. All loan terms, conditions and use of
proceeds are negotiated directly with the participating bank.