Heartland Renaissance Fund, an affiliate of The Arkansas Capital Corporation Group, is pleased to name Becka Webb as vice president. Webb will focus on implementing state and federal New Markets Tax Credit (NMTC) allocations through Heartland. Heartland has $200 million in federal and a recently announced $19 million in state NMTC allocations. “Becka will be focused on working with clients on the implementation of New Markets Tax Credit allocations in disadvantaged areas of the state,” said Sam Walls III, president, Heartland Renaissance Fund. “Her financial background, along with her experience in lending, is a great fit for our organization, which is focused on job creation and helping businesses expand in Arkansas.” [Read more…]
Arkansas Capital Corporation Is Pleased to Showcase the Work of Artist Robert Bean
In today’s world, it takes both left brains and right brains to succeed. The analytical, strategic, and mathematical may be what comes to mind when you think lending and finance and no doubt, we have that in spades. But it takes creativity, passion and the ability to visualize to truly succeed.
We at the Arkansas Capital Corporation Group (ACCG) were looking for inspiration. That’s where Robert Bean of RB Fine Arts came in. We were so excited by his work, that we covered our lobby and conference rooms in his artwork. And now we invite you to stop by and become inspired. Whether you are interested in learning more about the many lending products or just need a little visual inspiration, please stop by our offices August 9 from 5-8 p.m. [Read more…]
The Arkansas Capital Corporation Elected New Board Member
The Arkansas Capital Corporation, at its quarterly board meeting today, announced the election of Mike Malone to its board of directors. Malone, president of the NWA Council, was elected to a one year term. “We are strengthening our relationship with Northwest Arkansas with the election of Mike to our board of directors and will be able to extend our economic development reach to the area through Mike,” said Rush Deacon, acting chief executive officer, Arkansas Capital Corporation. The board also announced that Dr. Tim Atkinson, president of the Arkansas Science & Technology Authority, has replaced Dr. John Ahlen as ex officio member of the Arkansas Capital Corporation board of directors. [Read more…]
The Arkansas Capital Corporation Named Top SBA Lender in Arkansas
In a recently released list of Arkansas’s most active SBA lenders, The Arkansas Capital Corporation, in partnership with local community banks, was named the top SBA lender in total loan volume in Arkansas with more than $31.5 million loaned to Arkansas borrowers in fiscal year 2012. See the full list of top SBA lenders in Arkansas [Read more…]
Arkansas Capital Corporation Named Largest SBA Lender in Arkansas
Thanks to our many local community bank partners, Arkansas Capital Corporation has been named the largest SBA lender in Arkansas by total value of loans for FY 2012.
- Arkansas Capital Corporation, Little Rock – $31,541,300
- Arvest Bank, Fayetteville – $26,332,100
- First Financial Bank, El Dorado – $5,873,500
- First Western Bank, Booneville – $4,455,000
- Legacy National Bank, Springdale – $3,755,000
- Regions Bank, Birmingham, Ala. – $3,462,186
- Delta Trust & Bank, Parkdale – $3,408,000
- Peoples State Bank, Hallettsville, Tex. – $3,400,000
- Centennial Bank, Conway – $3,361,000
- First National Bank of Fort Smith, Fort Smith – $3,280,000 [Read more…]
Entrepreneurial System Takes Root in Arkansas
You’ve got 60 seconds to pitch your business idea to a few hundred audience members. If they like yours more than others, you’ll get a cash prize. You’ll get a surge of validation that might encourage you to pursue your idea. Most importantly, you might be introduced to people who can help make your dream a reality. That’s the concept behind “Gone in 60 Seconds,” which is one of numerous entrepreneur-friendly efforts in the state that didn’t exist a few years ago. Born in August 2011 and held about 10 times across the state so far, “Gone in 60 Seconds” gives 20 participants a chance to pitch their ideas before a voting audience. The winner typically wins up to $1,000. As the event’s creator, Jeff Amerine, describes it as “a mating, if you will, of ‘Shark Tank’ and ‘American Idol.’” According to David Moody, an entrepreneur who volunteers with the event, the real goal is to get a lot of ideas into the big end of an economic funnel so that startups – new, scalable companies – flow out the other side. “Gone in 60 Seconds” is one of numerous efforts that are part of what he calls an “entrepreneurial ecosystem.” [Read more…]
BiologicsMD Names David Owens CEO
Movista Receives $82,000 Investment from ASTA
The Arkansas Capital Corporation Group Honors Sam Walls for 24 Years of Service
Sam Walls, who served as the chief executive officer of The Arkansas Capital Corporation Group, has retired after 24 years of service. “I truly believe that the intersection of my path with this company was an extraordinary event,” Walls said. “I needed this company and it needed me. And as I enter retirement, my greatest hope is that the culture and personality I have cultivated will carry on and grow.” Under Walls leadership, The Arkansas Capital Corporation Group expanded its lending activities to grow from an organization that managed a small portfolio of business loans to an organization that has facilitated more than $1.4 billion in loans to Arkansas businesses. Walls also diversified the organization to include entrepreneurship education, New Markets Tax Credit allocations, high-speed Internet advocacy and a program facilitating foreign investment in Arkansas. Walls was the visionary behind the Donald W. Reynolds Governor’s Cup collegiate business plan competition, which has awarded more than $2 million in cash prizes to students and faculty since its inception in 2001. [Read more…]
Sam Walls retires from Arkansas Capital Corp. Group
Sam Walls announcing his yesterday, stepping down as CEO of Arkansas Capital Corp. Group of Little Rock after 24 years. Under Walls, the organization grew from one that managed a small portfolio of business loans to a group that has brokered more than $1.4 billion in loans to Arkansas businesses. Walls also developed the Donald W. Reynolds Governor’s Cup collegiate business plan competition. [Read more…]
Sam Walls Retiring From Arkansas Capital Corporation
Sam Walls, who served as the chief executive officer of Arkansas Capital Corporation Group, has retired after 24 years of service. “I truly believe that the intersection of my path with this company was an extraordinary event,” Walls said. “I needed this company and it needed me. And as I enter retirement, my greatest hope is that the culture and personality I have cultivated will carry on and grow.” [Read more…]
Sam Walls Retires from Arkansas Capital Corp.
This is news of interest mostly to a fairly small number of business insiders, I’d guess, but noteworthy. Sam Walls is retiring after 24 years as head of Arkansas Capital Corp., a private business lender that has encouraged business development in Arkansas through a variety of lending and tax credit programs. Details follow. No word on his permanent successor or if Rush Deacon, the acting chief executive, is a candidate. [Read more…]
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