First American Capital Corp. (FACC) is a 501(c)(3) non-profit organization that was created by the American Indian Chamber of Commerce of Wisconsin (AICCW) in 2002. FACC operates a small business Revolving Loan Fund that makes loans to Native American-owned small businesses, Disadvantaged Business Enterprises (DBEs), and other businesses in our eligible market of Wisconsin. The organization also provides technical assistance services to its clients to ensure a quality support system is in place to help businesses succeed. FACC became a certified Community Development Financial Institution (CDFI) in 2004, making it the first Native organization in Wisconsin to receive that designation.
In 2007, FACC became a certified SBA Microlender — the first Native American CDFI in the nation to earn that certification, and a Wisconsin Economic Development Corporation Key Strategic Partner (WEDC-KSP) in 2018.
Mainly for efficiency, the AICCW and FACC websites and associated communications systems were merged into one platform in about 2014 and remained so until recently when it became clear that readers, clients and stakeholders could no longer clearly differentiate between these two non-profit legal entities — a situation we did not what to continue with funders and prospective funders, stakeholders and most importantly those seeking AICCW services or FACC loan products.
FACC continues to be a trusted partner and collaborator with the AICCW.
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In Loving Memory of Craig Anderson
The FACC would like to honor and remember co-founder Craig Anderson, who passed away in 2020. He was a leader and pioneer in the Native CDFI and leaves behind a legacy of financial sovereignty for Native individuals and families, Native-owned businesses, and the communities they serve. View Craig’s memorial page.