GRANT · HOW TO WIN THIS
Varies — contact SECOG for current loan amounts.
Rolling submissions — no set deadline.
FUNDING TYPE
CDFI, Loan
CAN YOU GET THIS?
YOUR REAL ODDS
Competitiveness is unclear — no public data on number of awards or approval rates is available.
As a CDFI, these lenders typically serve businesses that may not qualify for conventional bank financing, which can make approval more accessible for early-stage or underserved businesses.
WHAT IT TAKES
Visit secog.org and identify the South Eastern Development Foundation loan program — 30–60 minutes
Contact SECOG directly to discuss eligibility and loan terms — 1–2 days
Prepare and submit a loan application with required business documentation — 1–2 weeks
WORTH KNOWING
SECOG is actively hiring a Project Financing Planner, which suggests this program is operational and staffed — worth reaching out directly for current loan details and amounts.
MORE LIKE THIS
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.
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