GRANT · HOW TO WIN THIS
Varies; microloan and loan amounts not publicly specified.
Rolling — no set deadline, apply anytime.
FUNDING TYPE
CDFI, Loan
CAN YOU GET THIS?
YOUR REAL ODDS
No public approval rate is listed, but ADC specifically serves underbanked African immigrant entrepreneurs who may not qualify for traditional financing.
As a CDFI, ADC is mission-driven to lend to this community rather than maximize rejection rates. Their success stories suggest active, ongoing lending activity.
WHAT IT TAKES
Contact your nearest ADC office to start a conversation — 1-2 days
Prepare basic business and financial documents — 1-2 weeks
Submit loan application for review — Varies
WORTH KNOWING
ADC staff are themselves from African nations, which means advisors understand cultural and language barriers firsthand — this is not a generic lender.
MORE LIKE THIS
Community 1st Credit Union
Varies; loan terms depend on business type and credit profile.
Iowa-based small businesses and startups can apply for business loans through this CDFI credit union on a rolling basis.
Afena Federal Credit Union
Varies; personal and business loans from $200 up to undisclosed amounts depending on product.
Small businesses and startups in Indiana can access loans through this CDFI credit union, with no stated identity restrictions.
The Bridgeway Federal Credit Union
Varies; specific loan amounts not published.
Small businesses and startups in Alabama can apply for loans on a rolling basis through this CDFI credit union.
$50B+ in available capital across grants, VC funds, CDFIs, and accelerators. Filter by your industry, stage, and region, and see everything you qualify for.
Explore the funding database →
$19/month · cancel anytime