GRANT · HOW TO WIN THIS
Varies; loan amounts not specified publicly.
Rolling — no set deadline, apply anytime.
FUNDING TYPE
CDFI, Loan
CAN YOU GET THIS?
YOUR REAL ODDS
All loans are subject to credit approval and not all applicants will qualify.
As a CDFI, Raiz is designed to serve underserved communities, which may mean more flexible criteria than traditional banks. Specific approval rates are not published.
WHAT IT TAKES
Confirm eligibility — live, work, or worship in El Paso County — Same day
Open a Raiz membership account with $5 minimum deposit — 1-2 days
Apply for a business loan through Raiz's online or in-branch application — 1-2 weeks
WORTH KNOWING
Raiz is a certified CDFI, meaning it is federally recognized to lend to underserved borrowers — this can mean more accessible approval criteria than a conventional bank for early-stage or lower-credit businesses.
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