CDFI, Loan

CDFI, Loan

North America

North America

OPEN

OPEN

GRANT · HOW TO WIN THIS

Newport News Shipbuilding Employees Credit Union D/B/A BayPort Credit Union

Newport News Shipbuilding Employees Credit Union D/B/A BayPort Credit Union

Loan amount varies; no specific figures published.

·

Rolling — no set deadline, apply at any time.

AMOUNT

Loan amount varies; no specific figures published.

AMOUNT

Loan amount varies; no specific figures published.

DEADLINE

Rolling — no set deadline, apply at any time.

DEADLINE

Rolling — no set deadline, apply at any time.

FUNDING TYPE

CDFI, Loan

CAN YOU GET THIS?

This is a CDFI loan program open to small businesses and startups, not a grant.

This is a CDFI loan program open to small businesses and startups, not a grant.

BayPort Credit Union serves members primarily in the Virginia area. To access business lending, you would need to become a member and qualify under their lending criteria.

BayPort Credit Union serves members primarily in the Virginia area. To access business lending, you would need to become a member and qualify under their lending criteria.

YOUR REAL ODDS

Competitiveness is unclear as no approval rates or volume data are published.

As a CDFI credit union, BayPort is mission-driven to support underserved borrowers, which may mean more flexible underwriting than a traditional bank, but specific terms and approval criteria are not disclosed publicly.

WHAT IT TAKES

  1. Confirm membership eligibility and join BayPort Credit Union — 1-2 days

  2. Contact BayPort directly about business lending options — 1 week

  3. Submit a loan application with required business documentation — 1-2 weeks

WORTH KNOWING

BayPort is a CDFI, which means it has a mandate to serve small businesses that may not qualify at conventional banks — worth exploring if you have been turned down elsewhere.

This is 1 of 1,600+ open opportunities.

This is 1 of 1,600+ open opportunities.

$50B+ in available capital across grants, VC funds, CDFIs, and accelerators. Filter by your industry, stage, and region, and see everything you qualify for.

Explore the funding database →

$19/month · cancel anytime