Semi’a Fund

$500–$250,000; 5%–8% fixed interest, repaid monthly over up to 7 years.

Rolling—apply anytime via the online eligibility form.

AMOUNT

$500–$250,000; 5%–8% fixed interest, repaid monthly over up to 7 years.

AMOUNT

$500–$250,000; 5%–8% fixed interest, repaid monthly over up to 7 years.

DEADLINE

Rolling—apply anytime via the online eligibility form.

DEADLINE

Rolling—apply anytime via the online eligibility form.

FUNDING TYPE

CDFI, Loan

CAN YOU GET THIS?

You qualify if your business operates in LA County, has been generating revenue for at least 6 months, and makes under $3M annually.

There is no minimum credit score requirement, though a hard credit pull is done and credit history is considered. Pre-revenue startups are explicitly not eligible.

YOUR REAL ODDS

Rolling applications mean you can apply anytime, but approval depends on your revenue history, credit context, and collateral review.

This is a CDFI loan, not a grant—approval criteria are financial, not competitive. The lender has specific experience with immigrant entrepreneurs and entrepreneurs of color in historically underserved LA communities.

WHAT IT TAKES

Check eligibility criteria (revenue, location, industry experience) — 15–30 minutes
Complete the online eligibility form — 30–60 minutes
Loan Intake Specialist contacts you and reviews your application — 2 business days to initial contact

WORTH KNOWING

No minimum credit score is required, which makes this accessible to businesses that have been turned away by traditional lenders—but you do need at least 6 months of consistent, verifiable revenue.

Apply on the funder’s site →

Community 1st Credit Union

Varies; loan terms depend on business type and credit profile.

Iowa-based small businesses and startups can apply for business loans through this CDFI credit union on a rolling basis.

Afena Federal Credit Union

Varies; personal and business loans from $200 up to undisclosed amounts depending on product.

Small businesses and startups in Indiana can access loans through this CDFI credit union, with no stated identity restrictions.

The Bridgeway Federal Credit Union

Varies; specific loan amounts not published.

Small businesses and startups in Alabama can apply for loans on a rolling basis through this CDFI credit union.

This is 1 of 1,600+ open opportunities.

$50B+ in available capital across grants, VC funds, CDFIs, and accelerators. Filter by your industry, stage, and region, and see everything you qualify for.

Explore the funding database →

$19/month · cancel anytime