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Article: A new generation of finance.(Alaska Growth Capital)
- Article from:
- Alaska Business Monthly
- Article date:
- January 1, 1999
- Author:
CopyrightCOPYRIGHT 1999 Alaska Business Publishing Company, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Alaska Growth Capital operates much like a bank, but it doesn't accept deposits. Its main goal is to help Alaska businesses in the manufacturing, resource development, technology and tourism industries grow and prosper.
When Ron and Connie Boynton wanted to expand the sales and service portion of their business, Boynton Printing, they knew they'd have trouble getting a traditional bank loan.
The family owned business, located in Barrow, is fairly new-only about three years old. And they didn't have much to offer as collateral.
So they turned to David Hoffman at Alaska Growth Capital, which offers services traditional banks don't. Consulting, ...