CHARLESTON, WV — The West Virginia Capital Access Program (WVCAP) approved a loan of $42,900 for OCG Rentals, LLC for the purposes of property acquisition in Fayette County.
“WVCAP stands as an inclusive platform that caters to businesses and entrepreneurs of all sizes, echoing its commitment to bolstering the local economic landscape,” said Andy Zulauf, Executive Director at the West Virginia Jobs Investment Trust (WVJIT). “The program is making it easy to get the financial support they need to take their ventures to new levels.”
WVCAP provides West Virginia small businesses with debt or equity capital to expand and create jobs. WVCAP assists credit-worthy companies that may not fit traditional lending models. WVCAP is administered by WVJIT.
For more information or to apply for funds, contact the West Virginia Jobs Investment Trust at wvjit.wv.gov/wvcap.
About the West Virginia Jobs Investment Trust
West Virginia Jobs Investment Trust (WVJIT) is a public venture capital fund created to develop, promote and expand West Virginia’s economy by making investment funds available to eligible businesses, thus stimulating economic growth and providing or retaining jobs within the State. WVJIT invests in early-stage, later-stage and mature small companies that wish to expand. Opportunities to create a significant number of jobs while maintaining economic balance are favorably viewed.