Are you aware that your business has a credit score? There are business credit bureaus that collect data and provide this data to issuers of credit to businesses. Why should this matter to you? By having credit under the name of your business, you are limiting the impact of your business finances on your own personal credit score. [Read more…]
Little Rock Main Street Building to Get New Life
Heartland Renaissance Fund announced today the allocation of new market tax credits to Blass Property, LLC, a renovation project of the historic Blass Building in Little Rock. The seven-story building and its three-level annex building will be renovated for mixed use including offices, retail space, and residential lofts. This is the first project to combine the use of historic tax credits and new market tax credits in Arkansas. [Read more…]
New Markets Tax Credit Transactions Across the Nation
The New Markets Tax Credit program has been used to facilitate financing for a wide range of projects within eligible census tracts. The Department of Treasury released its November Report showing the programs investment results. Here are sample projects that recently secured financing supported by the New Markets Tax Credit Program: [Read more…]
Arkansas Math & Science School Holds Ribbon Cutting for New Residence Hall & Student Center
The Grand Opening for the Student Center and Residence Halls at the Arkansas School for Mathematics, Science, and the Arts was today in Hot Springs. Construction on the new facilities started nearly two years ago and was funded in part by New Market Tax Credits allocated by Heartland Renaissance Fund. Read more about the project here.
Entrepreneurs Put John Brown On Business-plan Map
Much ado has been made about the success of collegiate business-plan teams from the University of Arkansas, and rightfully so. This story from the current issue of Arkansas Business highlights the accomplishments of these student entrepreneurs and focuses on the continued success of UA teams on a national level. Most of the teams that hail from The Hill are graduate-level, but undergrad teams from John Brown University in Siloam Springs have been enjoying their own success lately. JBU teams swept all undergrad categories at the 2011 Donald W. Reynolds Governor’s Cup, then took first and second overall plus won the agriculture and elevator pitch awards and the graduate Innovation award at the 2012 event. [Read more…]
Collegiate Entrepreneurs Earn Renown
Being from Arkansas carries a certain degree of swagger in some fields – retail, poultry, rice and trucking, for example. Perhaps it’s time to consider adding collegiate business plan teams to that roster. The young entrepreneurs who make up these teams, most of them from the University of Arkansas, are helping create a strong entrepreneurial brand for the state. For the past several years, Arkansas students have continued to fare well at national competitions and, more importantly, in the real business world. Several appear to be headed toward “big exits” – selling out to big corporations for big money or perhaps even launching an IPO. [Read more…]
Arkansas Capital Corporation: Connect Arkansas Aims For Positive Link To Internet

Small Business Lending Increasing After Four Month Decline
Today’s THV reports that small business lending is on the rise since June. A study released by PayNet, a firm that researches small business loans, showed that the number of loans increased 12 percent in May. [Read more…]
Arkansas Math & Science School
New residential facilities have been constructed for the Arkansas School for Mathematics, Sciences and the Arts in Hot Springs by partnering with Bank of the Ozarks, the Heartland Renaissance Fund (HRF), Governor Beebe’s contributed stimulus funds, and the University of Arkansas School System. The students at the Math and Science School were residing in an old hospital that had been re-purposed as a dormitory. Unfortunately, the building had many of the issues that come with an older structure and was in need of being updated or replaced. With the help of the above partners and the New Market Tax Credit Program (NMTC), Delta Student Housing was able to build new residential facilities, a project totaling approximately $15 million dollars.
NMTC Featured as a Resource for Projects
The March 2012 issue of The Practical Real Estate Lawyer discusses the role of New Market Tax Credits when investors and capital are scarce. Community development entities, such as Heartland Renaissance Fund, can bridge the gap and help make projects that might be on the fence a reality. [Read more…]
Arkansas Flag and Banner
The partnership between Arkansas Flag and Banner and ACC is another great example of how the right lending partner makes a big difference. Watch the video and listen as Kerry McCoy explains how Arkansas Capital Corporation was there at the right time and how that relationship is still flourishing years later. [Read more…]
John Brown, UNLV sweep Tri-State Awards
After a full day of oral presentations, ten judges from across the United States selected collegiate business plan teams from John Brown University (JBU) of Siloam Springs, Arkansas, and the University of Nevada, Las Vegas (UNLV), as the 2012 winners of the Donald W. Reynolds Tri-State Awards at The Cosmopolitan of Las Vegas. Both of the winning undergraduate teams were from JBU, while both winning graduate-level teams were from UNLV. First place winners took home a $30,000 cash prize, a team trophy and individually-personalized plaques. The second place winners received $20,000 prize, a trophy and individually-personalized plaques. The teams’ faculty advisors earned a $3,500 check as well. “The quality of the winning business plans is phenomenal, as are the students who produced them,” Arkansas Capital Corporation Chief Executive Officer C. Sam Walls said. “These students are not only business savvy, they are creative and well-equipped to successfully become the business leaders of tomorrow.” The winning undergraduate teams are: [Read more…]
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