GRANT · HOW TO WIN THIS
Varies; loan amounts not publicly specified for business products.
Rolling — no set deadline, apply anytime.
FUNDING TYPE
CDFI, Loan
CAN YOU GET THIS?
YOUR REAL ODDS
Odds depend on your creditworthiness and business financials, not a competitive selection process.
As a loan product rather than a grant, approval is based on standard lending criteria. Rolling availability means you can apply anytime, but there is no published approval rate or volume data.
WHAT IT TAKES
Become a member of Members First Credit Union — 1-2 days
Gather business financials and loan application materials — 1-2 weeks
Apply for a business loan through their online or in-branch process — 1-2 weeks for review
WORTH KNOWING
Members First also offers financial coaching with Certified Financial Counselors at no stated cost, which could help you prepare a stronger loan application before you apply.
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The Bridgeway Federal Credit Union
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