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Local Initiatives Support Corporation
Local Initiatives Support Corporation
Amount
Varies
Deadline
Rolling
Odds
Not published
Effort
1 to 2 hrs
Can you get this?
✓For borrowers in under-resourced communities
✓Flexible lending products available
✓Small business support available
Your real odds
Public information does not clarify acceptance rates, though LISC has deployed over $7 billion in loans since 1979, which signals real volume.
Your odds depend heavily on which regional office covers you and what that office is prioritizing right now, so loan terms and amounts vary accordingly. Fit with LISC's community impact focus carries more weight than any single qualifier.
What it takes
Find and contact your local LISC office1 to 2 hrs
Prepare business overview showing community impact2 to 5 days
Submit inquiry and complete underwriting process
Worth knowing
LISC pairs lending with capacity building and technical assistance, and engaging with those programs before you apply gives you a warmer relationship with the local office and a stronger application.
What else do you qualify for?
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