Welcome to Cephas Capital
Since our founding in July of 1997, Cephas Capital has assisted over 60 deserving small businesses located throughout Upstate New York. Over $100 million of investment proceeds have been used to help fund rapid growth, recapitalize businesses, or assist with the buy-out of well- established companies by a new ownership team. The businesses funded by Cephas employ more than 6,600 people and contribute nearly $1 billion annually to the economic output of our region.
While we’re in the final stages of winding down our initial fund (a licensed Small Business Investment Company “SBIC”), we’re actively seeking new investments for Cephas Capital Partners II, LP, an SBIC licensed in March of 2010 and initially capitalized with approximately $12 million of private capital. As was the case with the first fund, the SBIC license provides access to up to $36 million of SBA leverage, creating total funding capacity approaching $50 million. Cephas continues to focus on making subordinated debt investments ranging between $500,000 & $3,000,000 in the Upstate NY region. The investor group for Cephas II is comprised of several institutions that are also investors in the first fund; Canandaigua National Bank, Tompkins Trust Company, and Five Star Bank, complemented by a number of new investors; NBT Bancorp based in Norwich, NY, Arrow Financial headquartered in Glens Falls, NY, Evans Bank based in Hamburg, NY, Genesee Regional Bank, headquartered in Rochester, NY and Tioga State Bank with its’ main office located in Owego, NY.
We welcome the opportunity to discuss any funding need with you that can’t be fully met by your current bank, and promise to give your situation our creative consideration.