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Corporacion Para El Financiamiento Empresarial Del Comercio Y De Las Comunidades (COFECC)
Corporacion Para El Financiamiento Empresarial Del Comercio Y De Las Comunidades (COFECC)
Amount
Varies
Deadline
Rolling
Odds
~900 funded in 34 years
Effort
1 hr
Can you get this?
✓Small or mid-sized business seeking financing
✓Operating in Puerto Rico or U.S. Virgin Islands
✓Loans range from $500 to $5,500,000
✓For low-income women: microloan program available
✓No discrimination by race, gender, age, or disability
Your real odds
They have deployed over $160 million to roughly 900 businesses across 34 years, which makes them selective but genuinely active as a lender.
Applications are reviewed on a rolling basis and evaluated individually against your business goals, and while no acceptance rate is published, funding 900 businesses is real volume.
What it takes
Contact Lendreams by phone or online form1 hr
Meet with a representative to identify loan program1 to 2 days
Submit application with supporting documents1 to 2 wks
Worth knowing
Lendreams includes free business technical assistance for the full life of your loan, so the relationship extends well beyond the capital itself.
What else do you qualify for?
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