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Progress Fund, The
Progress Fund, The
Amount
Varies
Deadline
Rolling
Odds
Not published
Effort
1 to 2 days
Can you get this?
✓Loan range $20,000 to over $1,000,000
✓For businesses starting, expanding, or buying
✓Serves multiple small business industries
✓Business coaching available alongside financing
Your real odds
Applications are accepted on a rolling basis with no stated cap on loans per cycle, so timing is not a constraint.
As a CDFI, The Progress Fund is built to serve businesses that do not qualify for traditional bank loans, and their emphasis on flexible, customized loan terms reflects a more accessible process than conventional lending.
What it takes
Contact The Progress Fund to discuss needs1 to 2 days
Gather required documentation1 to 2 wks
Submit forms and work on loan structure1 to 2 wks
Worth knowing
The Progress Fund explicitly offers seasonal payment flexibility for trail-town and tourism businesses, so your loan payments can be structured smaller during off-seasons, which is something conventional banks do not offer.
What else do you qualify for?
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