GRANT · HOW TO WIN THIS
Varies; business loans deployed on a rolling basis.
Rolling — no deadline, apply any time during business hours M-F 8am–4pm.
FUNDING TYPE
CDFI, Loan
CAN YOU GET THIS?
YOUR REAL ODDS
No public approval rate is listed, but as a CDFI, Lakota Funds is designed to serve borrowers who may not qualify through conventional lenders.
Applications are accepted on a rolling basis, so there is no competitive cohort deadline, but loan amounts vary and depend on your specific business situation and creditworthiness.
WHAT IT TAKES
Review lending programs on their website and confirm your location and eligibility — 1-2 hours
Contact Lakota Funds directly at (605) 455-2500 to discuss your business and loan needs — 1 day
Prepare and submit a loan application with required business documentation — 1-2 weeks
WORTH KNOWING
Lakota Funds also offers asset development and workforce development programs alongside lending, which could provide additional support beyond just capital.
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