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CBDC Newcomer Loan Program
CBDC Newcomer Loan Program
Your real odds
No acceptance rate or application volume is published, so there is no reliable read on how competitive this is.
Contacting CBDC directly is the only way to gauge current demand.
Worth knowing
The loan covers both start-ups and the purchase of an existing business, and CBDC's focus on community economic development means they are likely familiar with the specific challenges newcomer entrepreneurs face.
What else do you qualify for?
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