CDFI, Loan

CDFI, Loan

North America

North America

OPEN

OPEN

GRANT · HOW TO WIN THIS

Community First Federal Credit Union

Community First Federal Credit Union

Varies; no maximum published.

·

Rolling — no set deadline, apply anytime.

AMOUNT

Varies; no maximum published.

AMOUNT

Varies; no maximum published.

DEADLINE

Rolling — no set deadline, apply anytime.

DEADLINE

Rolling — no set deadline, apply anytime.

FUNDING TYPE

CDFI, Loan

CAN YOU GET THIS?

You need to be a member of Community First Federal Credit Union in Michigan to access business lending.

You need to be a member of Community First Federal Credit Union in Michigan to access business lending.

This is a CDFI credit union serving a defined field of membership in Michigan. Business accounts are available, but membership eligibility criteria are not spelled out on the public site.

This is a CDFI credit union serving a defined field of membership in Michigan. Business accounts are available, but membership eligibility criteria are not spelled out on the public site.

YOUR REAL ODDS

No public data on approval rates or number of loans made per year.

As a community credit union, lending decisions are made locally, which can favor smaller or newer businesses compared to traditional banks, but specific odds are not published.

WHAT IT TAKES

  1. Confirm membership eligibility and join the credit union — 1–3 days

  2. Open a business account and gather financial documents — 1–2 weeks

  3. Apply for a business loan through the credit union — 1–2 weeks to decision

WORTH KNOWING

Vehicle loan rates start as low as 5.24% and home equity rates as low as 6.125%, which gives a rough benchmark for secured lending costs, but business loan terms are not listed publicly—call (989) 352-6031 to get specifics before applying.

This is 1 of 1,600+ open opportunities.

This is 1 of 1,600+ open opportunities.

$50B+ in available capital across grants, VC funds, CDFIs, and accelerators. Filter by your industry, stage, and region, and see everything you qualify for.

Explore the funding database →

$19/month · cancel anytime