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Carver Financial Corporation

Carver Financial Corporation

Amount
Varies
Deadline
Rolling
Odds
Not published
Effort
30 min
Can you get this?
Open to personal and business banking customers
Your real odds
No public approval rate data exists, but their CDFI status means they are built to serve borrowers who do not qualify at traditional banks.
They weight limited credit history and underserved-area location in their favor, and loan amounts are not publicly listed, so you will need to discuss terms directly with the bank.
What it takes
Review business loan offerings30 min
Gather financials and ownership documents1 to 3 days
Apply online or in person1 to 2 hrs
Worth knowing
JPMorgan Chase and Wells Fargo have both invested in Carver State Bank specifically to expand its lending capacity, which means more capital on the table for small business borrowers than their size might suggest.
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