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Local Enterprise Assistance Fund, Inc.
Local Enterprise Assistance Fund, Inc.
Amount
Varies
Deadline
Rolling
Odds
Not published
Effort
1 to 2 hrs
Can you get this?
✓Open to cooperatives nationally
✓Open to small businesses in Massachusetts
✓Ventures creating jobs for low-income people
✓Healthy food businesses in Massachusetts eligible
Your real odds
No public acceptance rate exists, but LEAF has deployed $32 million in direct loans since 1982, which points to a lender that is selective and consistently active.
As a mission-driven CDFI, LEAF prioritizes businesses that struggle to access mainstream capital, so fitting their cooperative or social purpose lens works in your favor during review.
What it takes
Review focus areas to confirm fit1 to 2 hrs
Submit loan request via online form1 to 2 hrs
Engage with advisory services during review
Worth knowing
LEAF pairs advisory services with financing, and engaging with programs like Elevate Small Business before or after a loan decision builds your relationship with the fund and strengthens a future application.
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