GRANT · HOW TO WIN THIS
Varies; two loan products available (Microloan and LIFT Loan).
Rolling applications — no deadline.
FUNDING TYPE
CDFI, Loan
CAN YOU GET THIS?
YOUR REAL ODDS
GLWBC has deployed $13 million in loans that created over 2,000 jobs, suggesting consistent but regionally limited volume.
Applications are rolling, so there is no competitive cycle to wait for. Approval depends on standard loan underwriting criteria, which are not detailed publicly on the site.
WHAT IT TAKES
Confirm you are in one of the nine eligible southeastern Michigan counties — 15 minutes
Visit the CEED Lending 'Get Started' page and review loan options (LIFT Loan or Microloan) — 30 minutes
Submit application and pay any required application fee — 1-3 hours
WORTH KNOWING
GLWBC offers two distinct loan products — a Small Business LIFT Loan and a Small Business Microloan — so check which fits your funding size before applying, as requirements may differ.
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