(Hales Corners, WI) — First American Capital Corporation Inc. (FACC), a certified Native Community Development Financial Institution (NCDFI), is making strides in boosting the growth and success of Indigenous-owned businesses in Wisconsin through its comprehensive technical assistance programs. These programs are made possible in part through the FACC Wisconsin Economic Development Corporation (WEDC) Key Strategic Partner (KSP) designation. Being a U.S. Small Business Administration (SBA) Microloan Program designated Intermediary Lender positions FACC to deliver impactful business management education.
FACC is dedicated to nurturing underserved business sectors, offering a comprehensive range of services designed to empower Native American entrepreneurs. From marketing and financial guidance to operational support, FACC’s technical assistance programs are tailored to enhance business capabilities – an essential preparation for successful future engagements with traditional banks.
FACC customizes its assistance to meet each client’s specific needs at every stage of the business lifecycle. This approach prepares businesses for the loan process and contributes to success beyond financial transactions.
“FACC’s technical assistance is about more than just providing resources; it’s about building a foundation for long-term success,” said Christopher Cote, Business Development Impact Manager at FACC. “We work closely with each client to address their unique challenges and help them navigate the complexities of business growth. This ensures they are not only ready for the loan process but also equipped to sustain and grow their businesses well into the future.”
FACC’s impactful services are a testament to its commitment to turning business owners’ dreams into reality by bridging the gap between non-traditional and traditional financial institutions. Cote emphasized the role of the Pathways to Business Banking program: “Our mission is to facilitate growth until our clients can sustain a relationship with conventional banks.”
Norman Kitchenakow, owner of NJK Trucking, is a prime example of how FACC’s guidance can transform a business. “Their assistance in refining our financial operations has been crucial. They helped me understand my business through a clearer financial lens,” Kitchenakow shared, highlighting the tangible benefits of FACC’s services.
Through initiatives like Initiate Prosperity, an online business learning platform, and regular financial reviews, FACC ensures continuous support for its clients. This sustained engagement helps businesses improve their financial health, making them viable candidates for traditional financing.
“Our role doesn’t end with achieving bankability; we stay involved, helping our clients navigate their growth,” added Cote. FACC’s dedication is evident in its ongoing partnership with clients, which fosters long-term resilience and success.
For more information about FACC and its services, visit faccwi.org.
