Less than $250,000
VI Capital ResourcesVI Capital Resources Contact: Justin Moorehead
VI Capital Resources, Inc. (VI Cap), affiliated with Seslia & Company (an investment banking advisory firm), is a non-profit organization that provides financing to startup and expansion phase business ventures in the US Virgin Islands. VI Cap restricts its investing to businesses licensed in the US Virgin Islands, has no industry preferences, and typically makes investments of between $50,000 and $250,000. Startup ventures are generally restricted to a $25,000 maximum investment. Expansion financing will usually be limited to $300,000.
The Fund invests in businesses at all stages of development. VI Cap attempts to participate as much as possible with other financial institutions in funding ventures and as a result will generally provide just enough funding to allow other financing institutions to join in the investment. VI Cap requires a minimum 10% investment from the project sponsor for all its investments. The Fund would like to increase its co-investments in the future.