CDFI, Loan

CDFI, Loan

North America

North America

OPEN

OPEN

GRANT · HOW TO WIN THIS

Local Enterprise Assistance Fund, Inc.

Local Enterprise Assistance Fund, Inc.

Varies; no minimum or maximum stated publicly.

·

Rolling — apply at any time.

AMOUNT

Varies; no minimum or maximum stated publicly.

AMOUNT

Varies; no minimum or maximum stated publicly.

DEADLINE

Rolling — apply at any time.

DEADLINE

Rolling — apply at any time.

FUNDING TYPE

CDFI, Loan

CAN YOU GET THIS?

Open to small businesses in Massachusetts and cooperatives anywhere in the US.

Open to small businesses in Massachusetts and cooperatives anywhere in the US.

LEAF prioritizes cooperatives, shared-ownership ventures, and social purpose businesses that create or retain jobs for low-income people. Healthy food businesses in Massachusetts may also qualify through the Massachusetts Food Trust Program.

LEAF prioritizes cooperatives, shared-ownership ventures, and social purpose businesses that create or retain jobs for low-income people. Healthy food businesses in Massachusetts may also qualify through the Massachusetts Food Trust Program.

YOUR REAL ODDS

No public data on acceptance rates, but LEAF has made $32 million in direct loans since 1982, suggesting a selective but active lender.

As a mission-driven CDFI, LEAF focuses on businesses that may struggle to access mainstream capital, which works in your favor if you fit their cooperative or social purpose lens.

WHAT IT TAKES

  1. Review LEAF's focus areas (cooperatives, healthy food, affordable housing, small business in MA) to confirm fit — 1-2 hours

  2. Submit a loan request through their online form at leaffund.org — 1-2 hours

  3. Engage with advisory services or technical assistance if offered during review — Ongoing

WORTH KNOWING

LEAF also offers advisory services alongside financing, so even if your loan isn't immediately approved, engaging with their technical assistance programs (like Elevate Small Business) can strengthen your application and relationship with the fund.

This is 1 of 1,600+ open opportunities.

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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$19/month · cancel anytime