CDFI, Loan

CDFI, Loan

North America

North America

OPEN

OPEN

GRANT · HOW TO WIN THIS

Select Seven Federal Credit Union

Select Seven Federal Credit Union

Varies; loan amounts not publicly specified.

·

Rolling — no set deadline, apply anytime.

AMOUNT

Varies; loan amounts not publicly specified.

AMOUNT

Varies; loan amounts not publicly specified.

DEADLINE

Rolling — no set deadline, apply anytime.

DEADLINE

Rolling — no set deadline, apply anytime.

FUNDING TYPE

CDFI, Loan

CAN YOU GET THIS?

You need to be a small business or startup, likely based in or near Johnson City or Kingsport, Tennessee.

You need to be a small business or startup, likely based in or near Johnson City or Kingsport, Tennessee.

Select Seven Federal Credit Union is a CDFI serving local communities in northeast Tennessee. Membership eligibility and loan approval depend on creditworthiness and loan type.

Select Seven Federal Credit Union is a CDFI serving local communities in northeast Tennessee. Membership eligibility and loan approval depend on creditworthiness and loan type.

YOUR REAL ODDS

Odds depend on your credit profile and how well you fit the credit union's membership requirements.

As a community-focused CDFI, Select Seven may be more accessible than traditional banks for underserved borrowers, but no specific approval rates or winner counts are published.

WHAT IT TAKES

  1. Check membership eligibility and contact the credit union — 1-2 hours

  2. Gather financial documents and apply for a loan online or in branch — 1-3 days

  3. Await credit review and decision — Days to weeks

WORTH KNOWING

Select Seven emphasizes local mortgage servicing and personalized member service, which may mean more flexibility than a large bank for small business borrowers in their communities.

This is 1 of 1,600+ open opportunities.

This is 1 of 1,600+ open opportunities.

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