Harlem Entrepreneurial Fund, LLC

Loans from $2,500 to $350,000; amount varies by business need.

Rolling applications — no fixed deadline.

AMOUNT

Loans from $2,500 to $350,000; amount varies by business need.

AMOUNT

Loans from $2,500 to $350,000; amount varies by business need.

DEADLINE

Rolling applications — no fixed deadline.

DEADLINE

Rolling applications — no fixed deadline.

FUNDING TYPE

CDFI, Loan

CAN YOU GET THIS?

You can apply if you run a small business or startup in Upper Manhattan or the Bronx, especially if you are a woman or person of color.

HEF serves businesses in Harlem, Washington Heights, Inwood, Queens, and the Bronx. 90% of loans go to minority- or women-owned businesses, so that background is a strong advantage but not a stated requirement.

YOUR REAL ODDS

HEF has closed 464 loans all-time, disbursing nearly $17 million, suggesting a steady but selective volume.

The fund is community-focused and relationship-driven, with personalized guidance through the process. Rolling submissions mean no single deadline bottleneck, but loan amounts and approval depend on your business's financial profile.

WHAT IT TAKES

Contact HEF directly via email or phone to discuss your loan need — 1-2 days
Complete the loan application with financial documentation — 1-2 weeks
Work with HEF's team through review and personalized guidance — 2-4 weeks

WORTH KNOWING

HEF pairs loans with free financial coaching and technical assistance, including a four-month business education program — using both together may strengthen your application and your business outcome.

Apply on the funder’s site →

Community 1st Credit Union

Varies; loan terms depend on business type and credit profile.

Iowa-based small businesses and startups can apply for business loans through this CDFI credit union on a rolling basis.

Afena Federal Credit Union

Varies; personal and business loans from $200 up to undisclosed amounts depending on product.

Small businesses and startups in Indiana can access loans through this CDFI credit union, with no stated identity restrictions.

The Bridgeway Federal Credit Union

Varies; specific loan amounts not published.

Small businesses and startups in Alabama can apply for loans on a rolling basis through this CDFI credit union.

This is 1 of 1,600+ open opportunities.

$50B+ in available capital across grants, VC funds, CDFIs, and accelerators. Filter by your industry, stage, and region, and see everything you qualify for.

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