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Opportunity Resource Fund
Opportunity Resource Fund
Amount
Varies
Deadline
Rolling
Odds
Not published
Effort
1 to 2 hrs
Can you get this?
✓Borrowers must be located in Michigan
✓Small business loans available
✓Homeownership loans available
✓Affordable housing developer loans available
Your real odds
No public approval rate data exists, but CDFIs are specifically designed to serve businesses that struggle to access conventional financing.
CDFIs work with applicants who face barriers to traditional bank loans, which means more flexibility than a standard lender, though loan amounts and terms are not publicly listed so you will not know what to expect until you apply.
What it takes
Review loan products and confirm eligibility1 to 2 hrs
Submit loan application online or by phone1 to 2 hrs
Work with staff through underwriting and approvalWeeks
Worth knowing
OppFund has offices in Detroit, Grand Rapids, and Lansing, and reaching out directly to your nearest location will give you a clearer picture of which loan products fit your situation faster than the general application process will.
What else do you qualify for?
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