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National Minority Supplier Development Council Business Consortium Fund, Inc.
National Minority Supplier Development Council Business Consortium Fund, Inc.
Amount
Varies
Deadline
Rolling
Odds
Not published
Effort
1 hr
Can you get this?
✓600+ personal credit score required
✓At least 1 year in business
✓$100,000+ gross annual revenue required
✓Must have a contract or purchase order
✓Closing cost grant for lower-income owners
Your real odds
No acceptance rate is published, but BCF is a CDFI built to lend where banks won't, so the bar is more accessible than conventional underwriting.
Applications are accepted on a rolling basis, and BCF explicitly serves first-time borrowers and economically disadvantaged businesses, which signals a more flexible approach to creditworthiness than a traditional lender would take.
What it takes
Check minimum eligibility requirements1 hr
Gather pre-qualification documents1 to 3 days
Submit online application1 to 2 hrs
Worth knowing
If your income is at or below 80% of the Area Median Income, BCF offers a Loan Closing Cost Grant of up to $3,000, so check eligibility for that alongside your loan application.
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