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Carver Federal Savings Bank
Carver Federal Savings Bank
Amount
Varies
Deadline
Rolling
Odds
Not published
Effort
1 to 2 hrs
Can you get this?
✓Open to businesses in New York
✓Business and commercial loans available
✓SBA loans offered
✓Non-profit and faith-based lending available
Your real odds
No published acceptance rates exist, so your approval comes down to creditworthiness and the loan type you apply for.
Carver is a community development bank built to serve borrowers who are underserved by traditional banks, but it still runs standard underwriting and will evaluate your financials accordingly.
What it takes
Review loan options on the bank's site1 to 2 hrs
Contact a branch to discuss your needs1 day
Submit application with business financials1 to 2 wks
Worth knowing
Carver specifically calls out Harlem, Brooklyn, and Queens as communities it serves, so if your business is rooted in one of those neighborhoods, that local connection is worth naming directly when you talk to a loan officer.
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