CDFI, Loan

CDFI, Loan

North America

North America

OPEN

OPEN

GRANT · HOW TO WIN THIS

Community Promise FCU

Community Promise FCU

Varies; loan amounts not publicly specified.

·

Rolling applications, no set deadline.

AMOUNT

Varies; loan amounts not publicly specified.

AMOUNT

Varies; loan amounts not publicly specified.

DEADLINE

Rolling applications, no set deadline.

DEADLINE

Rolling applications, no set deadline.

FUNDING TYPE

CDFI, Loan

CAN YOU GET THIS?

Open to small businesses and startups, primarily serving members in Michigan.

Open to small businesses and startups, primarily serving members in Michigan.

Community Promise FCU has merged into North Central Area Credit Union (NCACU), which operates as a CDFI credit union. Businesses would need to become members and apply through NCACU's business lending products.

Community Promise FCU has merged into North Central Area Credit Union (NCACU), which operates as a CDFI credit union. Businesses would need to become members and apply through NCACU's business lending products.

YOUR REAL ODDS

Competitiveness is unclear—no public data on approval rates or number of loans made.

As a CDFI credit union serving over 20,000 members with $250 million in assets, NCACU is a mid-sized community lender. Loan decisions are likely relationship- and credit-based, typical of credit union lending.

WHAT IT TAKES

  1. Confirm eligibility and become an NCACU member — 1–2 days

  2. Review business loan products at ncacu.org and gather financials — 1–2 weeks

  3. Submit loan application online or in branch — 1–3 days

WORTH KNOWING

Community Promise FCU has fully merged into NCACU as of late 2025—the original URL and brand no longer operate independently, so apply directly at ncacu.org going forward.

This is 1 of 1,600+ open opportunities.

This is 1 of 1,600+ open opportunities.

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