About
Regional Growth Capital is committed to providing investments in businesses located within the St. Louis region that demonstrate the ability to grow but may be unable to obtain the required capital from conventional sources.
The for-profit corporation is owned by 28 banks and the three largest economic development agencies in the region. Regional Growth Capital's solid track record includes providing leveraged buyout financing as well as making investments in growing businesses for some of the premier companies in the St. Louis area.
Click here to learn more about Regional Growth Capital.
History:
In 1994, Richard Palank founded the Saint Louis Business Development Fund with a unique concept of underwriting community development by drawing on lines of credit provided by bank shareholders. In 2011, the company changed its name to Regional Growth Capital to better reflect its mission. Since its inception, the company has more than doubled its investment capacity and continues to increase its bank shareholders.
