December 24, 2025 – ST. LOUIS / NEW ORLEANS — Advantage Capital, a leading impact investment firm that invests with intention in undercapitalized communities, today announced it has received a $55 million allocation through the federal New Markets Tax Credit (NMTC) Program, administered by the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund).
This allocation is part of the Treasury’s historic $10 billion NMTC allocation round — the largest in the program’s history — and will support private investment into communities that lack access to capital, particularly in rural areas and regions anchored by manufacturing and small business growth.
Advantage Capital was among a select group of organizations chosen in this highly competitive round, reflecting the firm’s long-standing commitment to rural America and its proven ability to deploy flexible capital to businesses that drive job creation and economic resilience.
“For decades, Advantage Capital has been deeply committed to supporting rural communities and the manufacturing companies that serve as economic anchors in America,” said Steven Stull, President, Advantage Capital. “The NMTC program has been instrumental in helping us deliver patient, growth-oriented capital to entrepreneurs building businesses and creating jobs. And U.S. Treasury and Congress have made this impact possible.”
Advantage Capital has a strong track record of investing in manufacturing companies and supply-chain businesses, helping strengthen domestic production while supporting high-quality jobs in communities where access to traditional financing remains limited. The firm has also consistently directed NMTC investment into rural markets, exceeding statutory minimum requirements and ensuring capital reaches communities that are often overlooked.
Through prior NMTC allocations, Advantage Capital has supported thousands of permanent jobs in communities across the country. The firm has invested in hundreds of businesses across rural and urban markets, helping catalyze long-term growth and stability.
With the NMTC program now a permanent part of the U.S. tax code, Advantage Capital will continue to leverage this proven tool to expand access to capital, accelerate job creation, and support essential industries that are vital to strong local and regional economies.
For more information on the U.S. Department of the Treasury’s announcement, see the full release here: https://home.treasury.gov/news/press-releases/sb0345.
