GRANT · HOW TO WIN THIS
Varies by loan type and creditworthiness; no published maximum.
Rolling — no set deadline, apply anytime.
FUNDING TYPE
CDFI, Loan
CAN YOU GET THIS?
YOUR REAL ODDS
No public data on approval rates, but as a CDFI, Ferguson is specifically designed to serve borrowers who may not qualify at traditional banks.
CDFI lenders typically offer more flexible underwriting than conventional banks. Rates are based on creditworthiness and loan term, so your credit profile still matters.
WHAT IT TAKES
Open an account and establish membership — 1–3 days
Choose the right loan product (term, line of credit, commercial real estate, etc.) and contact the branch — 1–2 days
Submit application and supporting documents — 1–2 weeks
WORTH KNOWING
Ferguson is a certified CDFI, meaning it has a mission to serve underserved communities — this can mean more flexibility for early-stage or smaller businesses that struggle with conventional lenders.
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The Bridgeway Federal Credit Union
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