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Community Economic Development Fund I, LLC
Community Economic Development Fund I, LLC
Amount
Varies
Deadline
Rolling
Odds
Not published
Effort
30 min
Can you get this?
✓Must be a Connecticut small business owner
✓Unable to obtain traditional bank financing
✓Primarily serves low-to-moderate income communities
Your real odds
CEDF doesn't publish an acceptance rate, but as a mission-driven CDFI built for borrowers banks turn away, its criteria are more flexible than a traditional lender's.
Rolling submissions mean you aren't competing against a single cohort, and your loan amount and terms will depend on your specific financials and stated purpose.
What it takes
Check eligibility as a CT-based business30 min
Submit a loan inquiry online1 hr
Prepare business plan and financials1 to 5 days
Worth knowing
CEDF offers free business education workshops and advisory services, and engaging with those before or during your application can strengthen both your file and your relationship with the lender.
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