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Impact Loan Fund, Inc.
Impact Loan Fund, Inc.
Amount
Varies
Deadline
Rolling
Odds
Not published
Effort
1 to 2 days
Can you get this?
✓Businesses in surrounding neighborhoods eligible
✓Supports business attraction and redevelopment projects
✓Existing business growth financing available
Your real odds
No public data on approval rates or total loans made is available from this funder.
The fund has operated for over 20 years and works closely with other lenders, which suggests it fills gaps in a deal rather than serving as your primary capital source. Rolling submissions mean you can apply at any time.
What it takes
Contact Impact Services about your financing need1 to 2 days
Prepare financials and describe jobs or redevelopment impact1 to 2 weeks
Submit application and complete underwriting
Worth knowing
Because the fund explicitly works closely with other lenders, it is worth asking about co-lending arrangements before you apply, since it is likely more useful alongside a bank loan than on its own.
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