Access Plus Capital Restructures;
Names New Vice Presidents
Access Plus Capital announces the creation of the Impact Department and appointment of four vice presidents
FRESNO, CALIFORNIA – October 5, 2022 – Access Plus Capital, a community development financial institution (CDFI) serving the Central Valley under the leadership of President Tate Hill, announced today the creation of its new impact department and the appointment of four new vice presidents.
In 2021, Access Plus Capital saw record growth in loan and capital deployment. Hill reorganized the leadership team to support organizational performance and team development goals and to align with the organization’s 5-year strategic plan to deploy $43 million in new loans by 2026.
Hill approves, “These are a great set of leaders in their own rights who will enable us to reach greater heights and help us get closer to making access to capital no longer a barrier to success.”
Current team members receiving promotions are Vice President of Finance Pamela Mostert, former business services manager, and Vice President of Lending Baldev Birk, former director of finance and risk management.
Joining the team are Melissa Soto, vice president of administration, and Cherella J. Nicholson, vice president of impact, a new department formed to track, measure, and inform community need and program impact.
With a leadership team composed almost entirely of women and people of color, Access Plus Capital is well-positioned to meet the needs of underinvested entrepreneurs throughout the region including minority business owners and female entrepreneurs.
About Access Plus Capital
Access Plus Capital (APC) is a mission-driven small business loan fund. Since its inception in 2008, APC has helped hundreds of entrepreneurs throughout its 14-county Central California territory to launch, maintain, and grow their businesses by providing funding and training designed to help business owners succeed and realize their dreams.
The mission of Access Plus Capital is to eliminate economic barriers to financial success through fair and equitable community investment.
For more information please contact: