GRANT · HOW TO WIN THIS
$20,000 to over $1,000,000; terms customized per business
Rolling submissions — no set deadline, apply anytime.
FUNDING TYPE
CDFI, Loan
CAN YOU GET THIS?
YOUR REAL ODDS
Applications are accepted on a rolling basis with no stated cap on number of loans per cycle.
As a CDFI, The Progress Fund is designed to serve businesses that may not qualify for traditional bank loans. They emphasize flexible, customized loan terms, which suggests a more accessible process than conventional lending.
WHAT IT TAKES
Contact The Progress Fund before applying to discuss your loan needs — 1–2 days
Gather required documentation as directed by their team — 1–2 weeks
Submit application forms and work with staff on loan structure — 1–2 weeks
WORTH KNOWING
The Progress Fund explicitly offers seasonal payment flexibility for trail-town and tourism businesses, meaning loan payments can be structured smaller during off-seasons — something conventional banks typically do not offer.
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