GRANT · HOW TO WIN THIS
Varies; no specific business loan amount published.
Rolling — no stated deadline, apply anytime.
FUNDING TYPE
CDFI, Loan
CAN YOU GET THIS?
YOUR REAL ODDS
No public data on approval rates or number of business loans awarded.
As a CDFI credit union, One Detroit is mission-driven toward underserved borrowers, which may improve odds for businesses that struggle with traditional bank lending. Specific selectivity data is not published.
WHAT IT TAKES
Become a member of One Detroit Credit Union — 1–2 days
Apply for a business loan through their online portal or branch — 1–3 days to submit
Check application status and respond to any follow-up — 1–2 weeks
WORTH KNOWING
One Detroit explicitly positions itself as an alternative to predatory lending, so founders who have been turned down by traditional banks may find a more receptive environment here.
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