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Local Initiatives Support Corporation
Local Initiatives Support Corporation
Amount
Varies
Deadline
Rolling
Odds
Not published
Effort
1-2 hours
Can you get this?
✓Business located in under-resourced community
✓Small business or startup
✓Must align with community impact focus
✕This is a loan, not a grant
Your real odds
Competitiveness is unclear from public information, but LISC has deployed over $7 billion in loans since 1979, suggesting meaningful volume.
LISC operates through local offices across the U.S., so your odds likely depend on your region's office and current priorities.
Loan terms and amounts vary, so fit with LISC's community impact focus matters more than any single qualifier.
What it takes
Find your local LISC office and contact them directly1-2 hours
Prepare a business overview showing community impact and lending need2-5 days
Submit a loan inquiry and go through LISC's underwriting processWeeks to months depending on office
Worth knowing
LISC also offers capacity building and technical assistance alongside lending — engaging with those programs first may strengthen your loan application and relationship with the local office.
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