GRANT · HOW TO WIN THIS
Varies; no minimum or maximum published.
Rolling — apply any time.
FUNDING TYPE
CDFI, Loan
CAN YOU GET THIS?
YOUR REAL ODDS
No approval rate data is published, but as a CDFI, SCCLF exists specifically to fund businesses that don't qualify for traditional bank loans.
The fund notes that over 50% of loans benefit low-income communities and a significant share support women-led businesses, suggesting those applicants may be prioritized.
WHAT IT TAKES
Review loan programs on their site to find the right fit — 1-2 hours
Contact SCCLF directly or submit an application online — 1-2 hours
Work through underwriting and approval process with SCCLF staff — Weeks to months, varies
WORTH KNOWING
SCCLF also offers the LEAP program, which includes one-on-one entrepreneur assistance and courses — engaging with LEAP before applying for a loan could strengthen your application.
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