GRANT · HOW TO WIN THIS
Varies; no specific figures publicly listed.
Rolling — no deadline, apply anytime.
FUNDING TYPE
CDFI, Loan
CAN YOU GET THIS?
YOUR REAL ODDS
No public data on approval rates, but CDFI lenders explicitly exist to serve borrowers traditional banks decline.
Their mission is economic mobility in underserved communities, so if you've been denied elsewhere, this lender is structurally designed to consider your application. Loan amounts vary and are not publicly listed.
WHAT IT TAKES
Review lending and small business development offerings on their site — 30 minutes
Submit an application or inquiry via their Apply Now portal — 1-2 hours
Work with their team on funding readiness if needed (Micro Business Empowerment Program available) — Ongoing
WORTH KNOWING
If your business isn't quite ready for a loan, their Micro Business Empowerment Program offers technical assistance and funding readiness support — use it before applying to improve your chances.
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.
$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