GRANT · HOW TO WIN THIS
Varies; loan amounts not publicly specified.
Rolling — no set deadline, apply anytime.
FUNDING TYPE
CDFI, Loan
CAN YOU GET THIS?
YOUR REAL ODDS
Odds depend on your creditworthiness and loan purpose, as with any community bank lender.
As a CDFI, Bank of Franklin may be more flexible than conventional lenders for underserved borrowers, but no approval rates or selection data are publicly available.
WHAT IT TAKES
Visit bankoffranklin.com and review business loan options — 30 minutes
Contact the bank directly to discuss your needs and eligibility — 1-2 days
Submit a loan application with required business documents — 1-2 weeks
WORTH KNOWING
Bank of Franklin offers a HOPE Loan product with no bank fees, which may be relevant if you're looking for lower-cost financing options.
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