GRANT · HOW TO WIN THIS
Loan amount varies; two products available: Microloan (MLP) and Small Business Loan Guaranty (SBLG).
Rolling applications — no fixed deadline.
FUNDING TYPE
CDFI, Loan
CAN YOU GET THIS?
YOUR REAL ODDS
Odds are not publicly disclosed, but as a CDFI, NewCorp is designed to serve businesses that may not qualify for traditional bank loans.
CDFIs typically have more flexible underwriting than banks, which can improve odds for early-stage or underserved founders. No acceptance rate data is published.
WHAT IT TAKES
Review loan products (MicroLending or Small Business Loan Guaranty) on their site to identify which fits your need — 1–2 hours
Submit application via their online 'Apply Now' portal — Half a day to gather documents and apply
Schedule appointment and meet with NewCorp team (Monday by appointment, Tue–Fri 9am–4pm) — 1–2 business days to schedule
WORTH KNOWING
NewCorp also offers technical assistance alongside lending, which can strengthen your application and business readiness before or after you apply.
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