GRANT · HOW TO WIN THIS
Loan amount varies; no published range.
Rolling — no set deadline, apply anytime.
FUNDING TYPE
CDFI, Loan
CAN YOU GET THIS?
YOUR REAL ODDS
No public data exists on approval rates or number of loans made per year.
Rolling submission means you can apply at any time, but odds depend on your creditworthiness and whether you qualify for membership. Competitiveness is unclear from available information.
WHAT IT TAKES
Confirm membership eligibility and contact the credit union — 1-2 days
Prepare business financials and loan application — 1-2 weeks
Submit application and await credit decision — Varies
WORTH KNOWING
This is a CDFI, meaning it exists to serve underserved borrowers — if traditional lenders have turned you down, a CDFI credit union may be more willing to work with you.
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The Bridgeway Federal Credit Union
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Small businesses and startups in Alabama can apply for loans on a rolling basis through this CDFI credit union.
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$19/month · cancel anytime