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Southeast Rural Community Assistance Project, Inc.
Southeast Rural Community Assistance Project, Inc.
Amount
Varies
Deadline
Rolling
Odds
Not published
Effort
1 to 2 hrs
Can you get this?
✓Serves rural communities in Southeast US
✓For low-to-moderate income individuals
✓Geographic focus: DE, MD, VA, NC, SC, GA, FL
✓For small businesses seeking development support
Your real odds
SERCAP deployed $6.4 million across 240+ rural and LMI communities in FY2023, and your approval depends on creditworthiness and mission fit rather than competing against other applicants.
This is a CDFI, so the question is whether you qualify, specifically whether your project serves rural or LMI populations and whether your financials hold up to underwriting.
What it takes
Review eligibility and loan details1 to 2 hrs
Contact the business development team1 week
Submit application with financial documents1 to 2 wks
Worth knowing
SERCAP pairs its loan product with Business Development Services and the Entrepreneurial Learning Initiative, so moving through their training programs before you apply builds the relationship and likely strengthens your file.
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