GRANT · HOW TO WIN THIS
Varies; 2024 grants ranged across 84 awards totaling $2.2M. Loan amounts vary by program (example: $650,000 to one nonprofit).
Rolling submissions; no fixed deadline listed.
FUNDING TYPE
CDFI, Loan
CAN YOU GET THIS?
YOUR REAL ODDS
In 2024, NALCAB awarded 84 grants totaling $2.2 million — almost entirely to community economic development nonprofits.
If you are a small business founder, your best path is to find a NALCAB member CDFI operating in your area and apply through them. Direct access to NALCAB capital as a startup is unlikely based on the source.
WHAT IT TAKES
Confirm eligibility — identify if you are a CDFI/nonprofit member or need to find a member lender near you — 1–2 hours
Locate a NALCAB member organization in your region via nalcab.org — 30 minutes
Apply through that member CDFI for a loan or capital access program — Varies by member org
WORTH KNOWING
NALCAB has surpassed $50 million in lending and focuses heavily on Latino community economic development — if your business is in an underserved Latino community, a NALCAB member CDFI in your area may be a strong fit for flexible loan products.
MORE LIKE THIS
Community 1st Credit Union
Varies; loan terms depend on business type and credit profile.
Iowa-based small businesses and startups can apply for business loans through this CDFI credit union on a rolling basis.
Afena Federal Credit Union
Varies; personal and business loans from $200 up to undisclosed amounts depending on product.
Small businesses and startups in Indiana can access loans through this CDFI credit union, with no stated identity restrictions.
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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