GRANT · HOW TO WIN THIS
Varies by program; multiple loan types available.
Rolling submissions, no fixed deadline.
FUNDING TYPE
CDFI, Loan
CAN YOU GET THIS?
YOUR REAL ODDS
They have deployed over $13.8 million in loans to 236 businesses to date, suggesting a consistent track record of approvals.
As a CDFI, their mission is to serve businesses that may not qualify for traditional bank financing alone, so they are designed to say yes where banks cannot. Rolling submissions mean no waitlist by cycle.
WHAT IT TAKES
Review the loan programs on their website to identify which fits your need (working capital, micro, contractor, etc.) — 1-2 hours
Contact ACT directly by phone or email to discuss eligibility and next steps — Same week
Submit your application through their client portal — 1-2 weeks to prepare
WORTH KNOWING
ACT pairs capital with coaching and technical assistance—they have logged over 20,000 hours of technical assistance—so applying also opens access to business support beyond the loan itself.
MORE LIKE THIS
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Afena Federal Credit Union
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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.
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