Alaska Growth Capital BIDCO, Inc.

Alaska Growth Capital (MAGC) is an innovative alternative lending organization based in Anchorage, Alaska. It specializes in SBA and USDA financing, catering to companies in a growth stage and providing business financing of up to, and sometimes exceeding, $10 million. The company has a remarkable track record, having been named SBA Community Lender of the Year eleven times and is also a certified Native Community Development Financial Institution (CDFI).

Since its foundation in 1997, MAGC has provided over $600 million in capital to its customers, managing assets totaling over $100 million. It operates across several states, including Alaska, Hawaii, Montana, Washington, Colorado, Wyoming, and Idaho, portraying a broad regional presence. The company is committed to rural economic development, supporting projects and companies dedicated to sustainable job creation.

MAGC is a subsidiary of McKinley Management, LLC, a privately held, global investment and research firm with offices in Juneau and Chicago. McKinley's four business units work collaboratively, offering seamless services through MAGC, McKinley Capital Management, McKinley Alaska Private Investment, and McKinley Research Group.

With its recent $1.74M grant investment from the Community Development Financial Institutions Fund in April 2023, MAGC continues to demonstrate a strong commitment to its mission of fostering economic opportunity and community development.