True Access Capital Corp

True Access Capital Corp, a nonprofit Community Development Financial Institution headquartered in Wilmington, Delaware, receives federal grant funding as a recipient to deliver microloans, business training, and technical assistance to underserved entrepreneurs in rural and urban markets. The organization operates exclusively as a prime grant recipient (100% of recent awards); it holds no federal contracts and does not subcontract on federal work.

True Access Capital Corp's federal footprint is entirely grant-based, spanning nine grantor agencies over the past nineteen years with 47 awards totaling $11.2 million in combined dollars obligated. The Small Business Administration dominates the funding relationship, accounting for 18 of the 47 awards across three SBA offices: the Office of Capital Access (8 awards), the Office of Entrepreneurial Development (6 awards), and the Office of the Chief Operating Officer (4 awards). The Department of Agriculture's Rural Business Cooperative Services anchors the second-largest customer set with 14 awards. The Department of the Treasury's Community Development Financial Institutions Fund accounts for 6 awards. These five funding entities represent 81% of recent award count.

True Access Capital Corp's service portfolio centers on microloans up to $50,000 for working capital, inventory, supplies, equipment, and machinery, paired with business training, counseling, and technical assistance targeted at economically disadvantaged entrepreneurs including women, minorities, and low-income individuals. Representative grant work includes a $300,000 Rural Business Development Grant (CFDA 10.351) from USDA Rural Business Cooperative Services awarded June 29, 2026, running through June 2028, to support business development and technical assistance for small and emerging private enterprises in rural Delaware; a $178,000 Congressional Grants program award (CFDA 59.059) from the SBA Office of the Chief Operating Officer (July 1, 2024) for small business development and entrepreneurship initiatives across Delaware and southeastern Pennsylvania; and a $150,000 Women's Business Ownership Assistance grant (CFDA 59.043) from the SBA Office of Entrepreneurial Development (September 30, 2024) to support women-owned small businesses. The organization also received a multi-year Community Development Financial Institutions Fund project grant (September 26, 2024, running through December 31, 2027) to expand lending and financial services in low- to moderate-income communities.

Activity has been episodic — three awards in 2022, five in 2023, five in 2024, two in 2025, and one in 2026 — with three awards reaching ultimate completion inside the next twenty-four months and subject to recompete or renewal. True Access Capital Corp operates under the federal microloan intermediary and CDFI frameworks, delivering services exclusively to underserved markets in Delaware and southeastern Pennsylvania with a demonstrated focus on women entrepreneurs, rural communities, and economically disadvantaged borrowers.