GRANT · HOW TO WIN THIS
Loan amounts vary; low-interest rates as a CDFI lender.
Rolling — no fixed deadline, apply anytime.
FUNDING TYPE
CDFI, Loan
CAN YOU GET THIS?
YOUR REAL ODDS
No specific approval rates are published, but as a CDFI lender they are designed to serve borrowers who may not qualify through traditional banks.
The fund emphasizes ethical capital and low-interest loans with a supportive, education-first approach. Engaging with their Business Lab and financial wellness programs likely strengthens a loan application.
WHAT IT TAKES
Contact Mni Sota Fund or visit their Business Lab page to start — 1-2 hours
Develop your business idea with their Business Lab support — Ongoing, weeks to months
Apply for a business loan through their Loan Fund — Varies
WORTH KNOWING
Mni Sota Fund pairs loan access with free financial coaching and business development support — engaging with those programs before applying may improve your chances and loan readiness.
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The Bridgeway Federal Credit Union
Varies; specific loan amounts not published.
Small businesses and startups in Alabama can apply for loans on a rolling basis through this CDFI credit union.
$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