{"status":200,"message":"Success","data":{"id":"7b409be1-1b8c-512d-b609-5f6bdf444fb4","title":"Capital Access Program (CAP)","identifiers":{"systemId":{"registry":{"code":"opp:opengrants:system","url":"https://opengrants.io/common-grants/registries/opp-opengrants-system.json"},"id":"2bba99ee-e2e8-462e-aa00-63265eca1377"},"otherIds":{"opp:opengrants:program":{"registry":{"code":"opp:opengrants:program","url":"https://opengrants.io/common-grants/registries/opp-opengrants-program.json"},"id":"ar:adfa-capital-access-program"}}},"status":{"value":"open","description":"Rolling — applications accepted continuously"},"description":"The Capital Access Program is a portfolio-based loan-loss reserve. For each enrolled loan the borrower pays a premium of 1.50%-3.50% of the loan, the lender matches it, and ADFA matches the combined total (150% for the first $1 million of a lender's enrolled loans, 100% after), building a reserve of 7.5% to 17.5% that covers the lender's losses. ADFA's SSBCI plan deploys $621,691 through CAP.","funding":{"details":"Borrower premium 1.50%-3.50% of the loan, matched by the lender and ADFA"},"funders":{"primary":{"id":"72fcaf59-a7bb-5551-8a2f-4ee0c9cf2b30","name":"Arkansas Development Finance Authority","identifiers":{"otherIds":{"org:opengrants:funder":{"registry":{"code":"org:opengrants:funder","url":"https://opengrants.io/common-grants/registries/org-opengrants-funder.json"},"id":"9b8b3172-6d07-47af-954f-0452364b98fc","allIds":[{"id":"9b8b3172-6d07-47af-954f-0452364b98fc","status":"active"}]},"org:us:ar:agency":{"registry":{"code":"org:us:ar:agency","url":"https://opengrants.io/common-grants/registries/org-us-ar-agency.json"},"id":"ADFA"}}}}},"keyDates":{"closeDate":{"name":"Application deadline","eventType":"other","details":"Ongoing","description":"Rolling — applications accepted continuously"},"otherDates":{"cycle":{"name":"Application cycle","eventType":"other","details":"Rolling; the lender files a loan filing form within 10 days of making the loan"}}},"acceptedApplicantTypes":[{"value":"for_profit_small_business","description":"Business"},{"value":"for_profit_not_small_business","description":"Business"},{"value":"non_profit_with_501c3","description":"Nonprofit"},{"value":"nonprofit_without_501c3","description":"Nonprofit"}],"source":"https://adfa.arkansas.gov/wp-content/uploads/2024/12/CAP-Description-rev-032024.2.pdf","customFields":{"contactInfo":{"name":"contactInfo","fieldType":"object","value":{"name":"Chuck Cathey, Vice President of Development Finance","email":"charles.cathey@arkansas.gov","phone":"501-682-5906"},"description":"Program contact","schema":"https://commongrants.org/custom-fields/contactInfo"},"eligibilityCriteria":{"name":"eligibilityCriteria","fieldType":"object","value":{"details":"Any corporation, partnership, joint venture, sole proprietorship, cooperative or other entity, for-profit or not-for-profit, authorized to conduct business in Arkansas, borrowing from a participating lender. Borrowers may be for-profit or not-for-profit entities authorized to do business in Arkansas; the participating lender enrolls the loan."},"description":"Who is eligible, in the funder's words","schema":"https://commongrants.org/custom-fields/eligibilityCriteria"},"additionalInfo":{"name":"additionalInfo","fieldType":"object","value":{"url":"https://adfa.arkansas.gov/","description":"Arkansas Development Finance Authority grants page"},"description":"Where the agency publishes its programs","schema":"https://commongrants.org/custom-fields/additionalInfo"},"fundingInstrument":{"name":"fundingInstrument","fieldType":"string","value":"other","description":"grant, loan, grant+loan, tax credit, rebate, in-kind or other","schema":"https://opengrants.io/common-grants/schemas/state-portal-v1.json"},"lastSyncedAt":{"name":"lastSyncedAt","fieldType":"string","value":"2026-11-03T21:49:12Z","description":"When the OpenGrants record data behind this opportunity was last refreshed (UTC)","schema":"https://opengrants.io/common-grants/schemas/state-portal-v1.json"},"stateCode":{"name":"stateCode","fieldType":"string","value":"AR","description":"USPS code of the state whose agency offers this funding","schema":"https://opengrants.io/common-grants/schemas/state-portal-v1.json"},"agencyKey":{"name":"agencyKey","fieldType":"string","value":"adfa","description":"Portal key of the administering agency","schema":"https://opengrants.io/common-grants/schemas/state-portal-v1.json"},"agencyAbbrev":{"name":"agencyAbbrev","fieldType":"string","value":"ADFA","description":"Administering agency abbreviation","schema":"https://opengrants.io/common-grants/schemas/state-portal-v1.json"},"agencyUrl":{"name":"agencyUrl","fieldType":"string","value":"https://adfa.arkansas.gov/","description":"Administering agency website","schema":"https://opengrants.io/common-grants/schemas/state-portal-v1.json"},"categories":{"name":"categories","fieldType":"array","value":["Housing, Community and Economic Development"],"description":"Portal categories","schema":"https://opengrants.io/common-grants/schemas/state-portal-v1.json"},"applicantTypes":{"name":"applicantTypes","fieldType":"array","value":["Business","Nonprofit"],"description":"Portal applicant types","schema":"https://opengrants.io/common-grants/schemas/state-portal-v1.json"},"applicantTypesNotes":{"name":"applicantTypesNotes","fieldType":"string","value":"Borrowers may be for-profit or not-for-profit entities authorized to do business in Arkansas; the participating lender enrolls the loan.","description":"Notes on who may apply","schema":"https://opengrants.io/common-grants/schemas/state-portal-v1.json"},"purpose":{"name":"purpose","fieldType":"string","value":"A lender loan-loss reserve that lets banks make riskier small business loans.","description":"One-line purpose","schema":"https://opengrants.io/common-grants/schemas/state-portal-v1.json"},"estimatedAmounts":{"name":"estimatedAmounts","fieldType":"string","value":"Borrower premium 1.50%-3.50% of the loan, matched by the lender and ADFA","description":"Estimated award amounts, as published","schema":"https://opengrants.io/common-grants/schemas/state-portal-v1.json"},"howToApply":{"name":"howToApply","fieldType":"string","value":"Direct application: ask a participating lender to enroll the loan in CAP.","description":"How to apply","schema":"https://opengrants.io/common-grants/schemas/state-portal-v1.json"},"cycle":{"name":"cycle","fieldType":"string","value":"Rolling; the lender files a loan filing form within 10 days of making the loan","description":"Application cycle pattern","schema":"https://opengrants.io/common-grants/schemas/state-portal-v1.json"},"nextDeadlineDisplay":{"name":"nextDeadlineDisplay","fieldType":"string","value":"Rolling","description":"What the portal shows as the next deadline","schema":"https://opengrants.io/common-grants/schemas/state-portal-v1.json"},"deadlineSource":{"name":"deadlineSource","fieldType":"string","value":"record-live","description":"editorial, record or cycle","schema":"https://opengrants.io/common-grants/schemas/state-portal-v1.json"},"stringsAttached":{"name":"stringsAttached","fieldType":"string","value":"A CAP loan typically costs the borrower more than a conventional loan because of the up-front reserve premiums (which may be financed).","description":"The catch: match, reporting, restrictions","schema":"https://opengrants.io/common-grants/schemas/state-portal-v1.json"},"programSlug":{"name":"programSlug","fieldType":"string","value":"adfa-capital-access-program","description":"Stable program slug within the portal","schema":"https://opengrants.io/common-grants/schemas/state-portal-v1.json"},"programUrl":{"name":"programUrl","fieldType":"string","value":"https://opengrants.io/grants-in-arkansas/#p-adfa-capital-access-program","description":"Program card on the portal page","schema":"https://opengrants.io/common-grants/schemas/state-portal-v1.json"},"opengrantsListingUrl":{"name":"opengrantsListingUrl","fieldType":"string","value":"https://adfa.arkansas.gov/wp-content/uploads/2024/12/CAP-Description-rev-032024.2.pdf","description":"Listing URL on the bound OpenGrants record","schema":"https://opengrants.io/common-grants/schemas/state-portal-v1.json"},"bindingMode":{"name":"bindingMode","fieldType":"string","value":"record","description":"record, upstream, pending-import or none","schema":"https://opengrants.io/common-grants/schemas/state-portal-v1.json"},"verifiedOn":{"name":"verifiedOn","fieldType":"string","value":"2026-11-03","description":"Date the official page was last checked","schema":"https://opengrants.io/common-grants/schemas/state-portal-v1.json"},"cardStatus":{"name":"cardStatus","fieldType":"string","value":"published","description":"published, needs_review or retired","schema":"https://opengrants.io/common-grants/schemas/state-portal-v1.json"}},"createdAt":"2026-11-03T17:59:01.327713+00:00","lastModifiedAt":"2026-11-09T12:39:35Z","competitions":[],"awards":[]}}