GRANT · HOW TO WIN THIS
Varies; loan amounts not specified publicly.
Rolling — no fixed deadline, apply anytime.
FUNDING TYPE
CDFI, Loan
CAN YOU GET THIS?
YOUR REAL ODDS
Specific approval rates and volume of business loans awarded are not publicly disclosed.
As a credit union rather than a grant program, approval depends on standard lending criteria. Rolling submissions mean you can apply at any time without waiting for a cycle.
WHAT IT TAKES
Confirm membership eligibility and join if needed — 1–2 days
Review business loan options on secunm.org and contact the credit union directly — 1–3 days
Submit a loan application with required business documentation — 1–2 weeks
WORTH KNOWING
This is a loan, not a grant — you will need to repay funds. As a CDFI-designated credit union, it may offer more flexible terms than traditional banks for early-stage businesses.
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The Bridgeway Federal Credit Union
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Small businesses and startups in Alabama can apply for loans on a rolling basis through this CDFI credit union.
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