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Greater Berks Development Fund
Greater Berks Development Fund
Amount
Varies
Deadline
Rolling
Odds
Not published
Effort
1 to 2 days
Can you get this?
✓Business or project funding supported
✓Located in Greater Reading/Berks County area
✓Workforce development participation available
Your real odds
Approval rates are not published, but GBDF is a CDFI built to serve businesses that conventional bank financing would turn away.
CDFIs use more flexible underwriting than traditional lenders, which works in your favor if you are early-stage or underserved, and the rolling application cycle means you are not competing against a fixed pool of applicants in a single round.
What it takes
Contact GBDF through GRCA to discuss eligibility1 to 2 days
Prepare financials and describe your project1 to 2 wks
Submit application and complete underwriting review
Worth knowing
GRCA's economic development staff have a track record of helping members work through financing and government processes, so contacting them directly before you apply is worth doing.
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