The Arkansas Capital Corporation Group

About

Arkansas Capital Corporation Group (ACCG) is a privately held group of for-profit and non-profit corporations dedicated to improving the lives of Arkansans.

Story

The Arkansas Capital Corporation Group, then named First Arkansas Development Finance Corporation (FADFC), was formed in 1957 by influential individuals and most of the state’s utilities. The company was formed to provide a mechanism for financing the state’s transformation from an agricultural economy to an industrial economy.

Since its founding, the company has diversified and grown, to include commercial financing needed for the information age. Along the way, ACCG has made hundreds of loans, representing projects of well over $500 million.

The article below by one of Arkansas Capital Corporation’s founders, Herbert L. Thomas, Sr., was first published in the Winter 1960 edition of The Arkansas Economist, a publication of the University of Arkansas’ College of Business Administration.

Mission

“It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood; who strives valiantly; who errs, who comes short again and again, because there is no effort without error and shortcoming; but who does actually strive to do the deeds; who knows great enthusiasms, the great devotions; who spends himself in a worthy cause; who at the best knows in the end the triumph of high achievement, and who at the worst, if he fails, at least fails while daring greatly, so that his place shall never be with those cold and timid souls who neither know victory nor defeat”. – Theodore Roosevelt

“It is the commitment of The Arkansas Capital Corporation Group to support in every way possible the work of those mentioned by President Theodore Roosevelt, for in a capitalistic system, if we do not nuture these individuals, we do not have a system that is sustainable. At The Arkansas Capital Corporation Group, we are committed to supporting these individuals in every possible manner that we can. We are not their detractors, and we do not recognize or respect those who are.” - C. Sam Walls, Chief Executive Officer