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AllCDFILoanOpen
Security Federal Corporation
Security Federal Corporation
Amount
Varies
Deadline
Rolling
Odds
Not published
Effort
1 to 2 days
Can you get this?
✓Small businesses can apply for loans
✓Businesses in SC/GA areas served
✓Financial counseling available to everyone
Your real odds
Your approval odds depend on your creditworthiness and business financials, the same as any community bank loan.
Security Federal Bank's CDFI designation signals a mission toward community development and underserved borrowers, so they tend to be more flexible than a traditional bank, but no approval rates or award volumes are published.
What it takes
Contact a lender to discuss loan needs1 to 2 days
Prepare financials and application materials1 to 2 weeks
Submit application and await credit decision
Worth knowing
Security Federal Bank offers free, confidential one-on-one financial counseling to anyone, and using it before you apply gives you a cleaner picture of where your financials stand.
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